Matt, jusst to be sure I understand terminology, are you saying
that the action would suggest that the market is only making a
small correction, but has not made an impulsive move indicating a
change of direction (bearish). Did iread you correctly? Thanks.
Guy
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
intra day market comments
Posted by matt on 29th of Sep 2010 at 11:09 am
so far the pullback today on the market seems choppy and overlappy instead of impulsive
from an Elliot wave perspective that means corrective, not impulsive
Matt, jusst to be sure
Posted by mdgfain on 29th of Sep 2010 at 12:42 pm
Matt, jusst to be sure I understand terminology, are you saying that the action would suggest that the market is only making a small correction, but has not made an impulsive move indicating a change of direction (bearish). Did iread you correctly? Thanks. Guy