Friday, April 29, 2011

4/29 1:20

I'm holding 2% ZSL on the 5 down from the 49.80 high.  The PM1 peaked yesterday.
I counted the midcap index MID and project wave (v) = wave (iii) at 1018.    This count is cleaner than the Russell 2000.

SP futures are still not acting impulsively upward, but advancing in abc's.  Both SP and midcap show 1 more high.

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