Friday, January 7, 2011

1/7 10:40

Is this the time for a post-report letdown?  Bought another 2% SDS 23.11.

3 comments:

  1. what's your count on DX? One the 30 min or 1 hour chart, from the 79.025 low, it looks like we had wave 1 up, 2 down, then 3 up that subdivided into 5 waves. If so, we're in 4 down now with one more wave up to follow.

    The other possibility is that 45 up completed at this morning's high, but that doesn't count as well to me because it looks like a clean 5 up from the 79.115 low that I'm counting as the bottom of wave 2.

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  2. Pima,
    4th wave is my count.

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  3. Steve

    Could be a good move, RUT could be ready for a 3rd wave down from the Tue high, could be a sizable move down.

    Jack C

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