tag:blogger.com,1999:blog-3909505513533980987.post3297474626042128879..comments2022-08-01T05:34:44.020-04:00Comments on Trader Craig's Market Edge: Another Look At The QsAnonymoushttp://www.blogger.com/profile/09362814861901777574noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3909505513533980987.post-14577410568840805562009-05-17T22:48:00.000-04:002009-05-17T22:48:00.000-04:00Dave,
The 5 wave down pattern could be wave c of ...Dave,<br /><br />The 5 wave down pattern could be wave c of flat, but it could also be wave a of a zig zag. There really is no way to know at this time. We need to protect against the worst case. <br /><br />I still expect higher prices, but the correct may extend into next week.<br /><br />I'd rather be stopped out here and re-enter on a reversal than find out later that I was wrong about the rally.<br /><br />All The Best,<br /><br />CraigAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3909505513533980987.post-303947608853471062009-05-17T17:11:00.000-04:002009-05-17T17:11:00.000-04:00"Today's action has produced a perfect se..."Today's action has produced a perfect sell fractal in the Qs. If the May 13 low of 32.96 is taken out, we will have 5 waves down from the May 6 high,..."<br /><br />Why can't those 5 waves be "c" of a 4th wave off the March lows ??<br /><br />Stretching the rally horizontally a bit fits with Terry Laundry's late May early June projected S&P peak.<br /><br />Regards,<br />davedavenoreply@blogger.com