SPDR S&P 500 (SPY): Thanks UR! Here is RIG. The fact that it...

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Re: youaretheone post# 99975

Thursday, 04/15/2010 12:04:35 PM

Thursday, April 15, 2010 12:04:35 PM

Thanks UR! Here is RIG. The fact that it has reasonably well defined waves, recently, is surprising for those who are suspicious of EW stuff (…like I am). Anyway, it would be worth getting back in, long, when the wave C down is completed. Since RIG is connected to a commodity, an extended “C” is possible. An 161.8% extension of “A” could take us to 86.71.

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