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Re: techcharter post# 41388

Thursday, 10/15/2009 10:53:14 PM

Thursday, October 15, 2009 10:53:14 PM

Post# of 51804
WTIC Update

I have to go with my alternate count. My prefered and prechter's prefered counts were negated by this rally.

Alternate, NOW FAVORED: Bear market rally nearly finished (Wave B, double zigzag) $75 HAS BEEN retested.
Wave a - Feb '09 low to Jun '09 highs
Wave b - Jun '09 highs to July '09 low
Wave c - wave b IS over, wave c LOOKS NEARLY COMPLETE AND it looks like the 4 to 6 week window will hold up.

http://stockcharts.com/h-sc/ui?s=$WTIC&p=D&yr=1&mn=0&dy=0&id=p77311258342

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