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Re: Chuck703VA post# 34977

Thursday, 07/31/2008 6:30:07 PM

Thursday, July 31, 2008 6:30:07 PM

Post# of 51804
Chuck - NDX

After today I agree the bounce of the July Lows are corrective. The pattern certainly looks like a triangle, however, other markets are something else. If the markets started wave 3 of 3 today, then it was not a triangle, but a complex correction. We won't know until wave 5 or 5 breaks wave 3 of 3 lows.

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