Posted by frtaylor on 18th of Nov 2012 at 02:14 pm
thx for posting, rbreese. Perhaps this is a 4th wave choppy and
we'll have a short and shallow move up. Haver is posting the
1375 area as the potential height of any rally before we head down
again. I've found his counts are a good complement to
Steve's, giving me more confidence in laying out the road map.
Thanks for your input also. Generally Thanksgiving week is
up and then we may get a little Dec first buying but I too think we
get some weakness after as Washington will delay delay delay.
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Naz and SPX commercials figures this past week do NOT suggest that they are overly bullish yet. Still net short and slowly closing out shorts on any weakness.
Posted by rbreese on 18th of Nov 2012 at 10:44 am
thx for posting, rbreese. Perhaps
Posted by frtaylor on 18th of Nov 2012 at 02:14 pm
thx for posting, rbreese. Perhaps this is a 4th wave choppy and we'll have a short and shallow move up. Haver is posting the 1375 area as the potential height of any rally before we head down again. I've found his counts are a good complement to Steve's, giving me more confidence in laying out the road map.
Thanks for your input also.
Posted by rbreese on 18th of Nov 2012 at 07:54 pm
Thanks for your input also. Generally Thanksgiving week is up and then we may get a little Dec first buying but I too think we get some weakness after as Washington will delay delay delay.