Monday, September 20, 2010

9/20 1:28

Bought 5% SDS 29.89

1 comment:

  1. Good luck, Steve!

    I believe we are close to a top. It indeed may already be in, but today's high could also be the top of a small 3rd wave counted from Friday afternoon's low. That would put us in a small 4th wave now, with yet one more push up to follow. IF we are in that wave configuration, then I'd say the B wave of the small 4th wave may have just completed, so we should see a push down in a C wave next.

    It's a tough call here because the next push down could be that C wave OR could be the next impulse down (small wave 3) in an ongoing series of moves down.