So Earl, overall we can say down but don't be too
bearish.
By the way Earl your call on the AUD was spot
on.
cheers
Susan
----- Original Message -----
Sent: Friday, September 08, 2006 11:11
PM
Subject: RE: [RT] RE: RT Beige
book
Yesterday's spike
rally went high enough to suggest caution so my gut is telling me to be
careful here. In fact, I probably would not have shorted again had I been at
my computer yesterday morning to see the decline ahead of the rally which
filled my order. 60 minute Advanced Get chart is attached although I'm not
crazy about the count where W.1 has the big gap ... my basic rule is that if
it has a gap in it, it's a W.3 of something. AGet is saying there isn't much
downside before we get some kind of leg up. Good news should be that
pre-market is up which tends to be bearish.
Earl
Earl,
In looking at this 60 min. Dec. ES contract it
appears to be doing a 4th wave. What do you think, maybe another
wave down to complete this sequence?
Ron
