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