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compadrejt

06/23/04 7:20 PM

#13472 RE: was Steve #13468

Lets complete the alphabet: C vote for me
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M3

06/23/04 7:26 PM

#13473 RE: was Steve #13468

Every rose has it's thorn <g>. I think the bull is back. A break of 1457ish violates this and I'm not going to hold it down that far before hopping back in, but I will ride out a pullback to 1480 or so. My favored scenario is a 3rd white soldier to 1524 tomorrow followed by a 50% retrace (wave ii of 3 of 5) to 1500 into mid-next week, followed by a iii of 3 of 5 which takes out the Jan highs and peaks around July 30. A pullback to 1560 into mid-August (wave 4 of 5) followed by a final move into Sept somewhere around 1734 and the 23.6% retracement.

A close below 1457 negates this and could happen tomorrow being a Bradley turn (geo) and all <g>.