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Tuesday, May 19, 2009

Triangulating for move higher?

We may have our [b] wave and look for a [c] wave to peak.

Just a possibility.

3 comments:

  1. nice work dan.
    we could rally unto fomc minutes

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  2. agree. last 30 min were telling. higher volume, almost a 10 point drop.
    HPQ disappointed.
    One thing I have noticed, is the sensitivity to tepid news has become higher.
    HD, Home starts and now HPQ. very little tolerance.
    This is a signal that we could be going lower tomorrow.
    FOMC may lead to a selloff.

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