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Daddy are we done yet?


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#1 eminimee

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    I don't care who's fur is flying...

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Posted 19 October 2007 - 11:29 AM

IF...and a big IF....this is a 4th...one more low could do it......slight chance the low is in...but low confidence even with the bullish set up.

http://stockcharts.com/c-sc/sc?s=$OEX&p=15&yr=0&mn=3&dy=5&i=p46143158212&a=89308538&r=4322.png





If an ED 5th of a C wave....we would come up to overlap wave 1 then another low. ...I like the double ZZ better.





http://stockcharts.com/c-sc/sc?s=$SPX&p=5&yr=0&mn=0&dy=23&i=p16260495052&a=93322579&r=2097.png

#2 eminimee

eminimee

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Posted 19 October 2007 - 11:50 AM

if another high coming.

http://stockcharts.com/c-sc/sc?s=$SPX&p=60&yr=0&mn=7&dy=27&i=p08771661086&a=93045759&r=7483.png

#3 Rogerdodger

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Posted 19 October 2007 - 12:21 PM

Great work TP. I'm glad I sold my IRA stuff Friday. I eased back in a bit today with a partial. (It's an end of day buy, so I hope your Friday low is right on.)

Edited by Rogerdodger, 19 October 2007 - 12:38 PM.