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Friday, February 6, 2009


This opening advance tested my resolve but I feel that short positions are safe.
The triangle was quickly broken this morning but I'm still holding short because this now looks like wave C.
I'm a bit disapointed as this would have been a plung to remember, but wave 3 will continue so shorts are a safe hold

Thursday, February 5, 2009

Big Triangle


Coming from the low on 1/20 peaking on the 1/29 that's wave A. B ends 2/02. C ends 2/04, D ends 2/05 as well as E.
The bears will be loose on 2/06!

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