Strategies & Market Trends : CFZ E-Wiggle Workspace


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To: rayrohn who wrote (13977)3/20/2012 5:52:32 PM
From: hawkeyefanRead Replies (1) of 15305
 
I think the move from yesterday's high to today's low was three waves. ( SPX) Another three waver up perhaps. Will go down for "b" of "b" or a "c" but it will probably be a "b" of "b".

Got out of short oil Friday morning early. Good thing. I think it is messing in a 'b" wave from 1105 that could take take it back close to the highs. Of course this scenario means a "c' wave down follows but new highs sometime later. I hate high gasoline prices.

Being short gold is still working. I would like to see it get buried but I suppose it won't.

Hey, also playing the long side a little. Bought WDC this morning and bought WSM last week when it went through the 50 DMA. I have really started enjoying cooking so i have been following WSM. Chopped on the Food Network has become my favorite TV show.
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