AI
Thursday, December 08, 2005 2:34:22 AM
Still in a corrective ABC flat 4th wave IMO. The C low is the one to buy for the 5th wave rally. Could come anytime but I conjecture that a flag is forming on the Spx with a low of 1243 to 1246. That's where I want to buy.
The conservative play would be to buy a breakout above. I won't be in today so tough to time it. For now, taking profit on the short during AM weakness.
The conservative play would be to buy a breakout above. I won't be in today so tough to time it. For now, taking profit on the short during AM weakness.
Gizmo...
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