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I tend to agree with this take on

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pennies2007 Member Profile pennies2007 Member Level 
Sunday, August 05, 2012 8:03:03 PM
Re: None Post # of 118181 
I tend to agree with this take on the markets at this stage. It fits what I see in the wave count. I also watch the DOW transports...what's referred to as DOW theory. The transports aren't confirming this rally either.

http://finance.yahoo.com/news/dont-expect-market-rally-last-145145898.html;_ylt=Ap8_hwNU0jK.IX1HI7CMKmGiuYdG;_ylu=X3oDMTQ4N2lyOTNoBG1pdANDTkJDIFRvcCBTdG9yaWVzBHBrZwNhMDk0NzMzMy0zZTNkLTM0NDUtYjk2NC1kOTMwZjgxZDU5ZGYEcG9zAzMEc2VjA01lZGlhQkxpc3RNaXhlZExQQ0FUZW1wBHZlcgMxZmViZWRmMC1kZjBkLTExZTEtYmZmZi1hZWE0ODRjODI2ZmM-;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3


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