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Re: Myself °¿° post# 3286

Tuesday, 11/25/2008 11:58:29 AM

Tuesday, November 25, 2008 11:58:29 AM

Post# of 4839
but the move down from 4 nov looks like an impulse wave with sub waves in wave 3 and 5 which ends 24 nov .... the move up on the 24 to date should be an corrective wave A

the question is if the A wave has 3 sub waves or 5 sub waves .... if it has 3 then there should be a B wave down to maybe test the lows ( which if ur are bullish the b wave should not retrace all of A 68% or less would be nice)

if wave A is a 5 wave the the pattern would suggest a 3 up here with a 4 consolidation then a 5 up again which would probably retrace all of the down move from nov 4



Ray

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