Replies to post #73618 on ajtj99's Market Pulse

[teaparty]

I have to disagree that chart work can't predict the future but other indicators have to be used in conjunction. Not only do they help in being right but more importantly they will tell you when you are wrong.
At the risk of being wrong.......let's see how this works out.
Wrong would be easily defined if it doesn't work out.
Some wild swings should continue but I'm looking for a momo low around the 13th and final price low around March 22nd. I think we have started a wave C down that could be an abcxabc............or a five wave affair. Could get a retest of Friday's high early this week or a test of "5" where "b" would double top before dumpage. Final low could be at two possible spots where the red "C's" are.
I also think that is a low to buy for a run to 1380 spx and dow will test all time highs into late april/may.
http://www.tradingthecharts.com/phpBB/BB_upload/ym_dailya_thumb.png

[LG]

Burk: The following post was posted to teaparty. The first two sentences were directed at the two of you.

However, the remainder of the post is comprised of comments not directed at anyone in particular. I just wanted to make that clear so there would be no misunderstandings by either of you...

http://www.investorshub.com/boards/read_msg.asp?message_id=10010958

Regards,
LG