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|To: Henry J Costanzo who wrote (197124)||4/2/2012 10:39:54 AM|
|From the low on the SPX of a week ago, it looks like five waves up into last Tuesday. Then 5 waves down into Thursday's low. Now on a 60 minute chart one might say there has been five waves up. |
This can't be, can it? You can't have three five wave moves in a row. Up, down, up ???
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|To: Henry J Costanzo who wrote (197131)||4/2/2012 11:52:13 AM|
|I see I commented incorrectly. I said down into Tuesday when the SPX went up actually. The month is only two days old and I have already made a mistake. |
I am still not sure if that move was three or five waves. And then the move down after that, I don't know if that was three or five waves.
I see AAPL is moving up again.
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