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"WM" pattern. Have done Nothing. Still hold short position.

Plan to enter long position at measured move when there is a higher high, just in case there is a new high today. Keep short position. ~13260, 1479, 2655

Close long, open short, set stop at the last high.

Prepare to close long position and sell short when there is a lower low. Set stop at the last high.

August to November 2007 can be count as both Minor Wave 4)b-c or Minute Wave 5)1.1-.2 . Intermediate Wave 4) may be a double zigzag or irregular flat correction. This count needs a new low and will be confirmed if Head and Shoulders pattern is confirmed.:( Minor Wave 5)1.1 may has a wave :5...

Update chart for Subminuette Wave 4)c.1:3iii and iv. Again?:mad: Scenario 1. Minute 5)1.3 has begun and will be 2000,200,400 points long. Strategy 1. Keep long position till 15000, 1640, 3000. Sell short for 100, 10, 20 points profit when opportunity arrives. Scenario 2. Subminuette Wave...

elovemer, There may or may not be wave v downward. It depends on the count.:confused: See below. Mu.

Thanks. Nice charts Mup.:D Target reached. Thursday last high might be Microwave 4)c.1:3iii.iv and Subminuette Wave 4)c.1:3iv may end here. But there is no lower low so hold long position. The Subminuette Wave i,ii,iii may turn out to be Minuette Wave :a, :b, :c of Minute .2 of Minor...

Open long position and set target at Friday high. Set stop at the last low. Subminuette wave iii might have ended as descending wedge as Mup said. :D

Stop out and quit for today.

Sell signal confirmed by the third lower low for today. Position is not yet reversed. Hold short position.

Plan to wait and see if stop out again.

Position reversed. Whipsawed as expected. Set stop at the last high.

Position reversed. Set stop at the last low. Expect whipsaw.

Plan to close short position if today high is surpassed and open long position then set target at Friday high. Set stop at the last low.

Long position opened at open as said. Close long position now due to lower low.

Futures point to higher open. Plan to open long position. Set target at 60,10,20. Close long position when there is a lower low near target. Set stop at the Monday low.

Status. Short position intact. Long position closed at the next sell signal yesterday. Bear Market Strategy: Long "Short Position", Short "Long Position". Scenario 1. The Market tanks. Strategy 1. Hold on to short position. Enter long position when there is a higher high after 250 -...

Yes Mup, I agree with your triangular wave iv, it looks like a running triangle which indicated that the Market is very weak. This is my INDU chart for Microwave 4)c.1:3v Mu. If Subminuette Wave v is equal to (13669.4004, 1520.27, 2825.47 - 13080.8701, 1450.76, 2653.6201) Subminuette Wave...

Yes bgp, That would be the third alternative count, Cycle Wave V)IV as a Flat Correction, which will take S&P down below 775.68 Mu. Posted by mu200411 on 08-24-07 12:13 AM: The second alternative is a Cycle Wave V)IV running correction. Primary Wave V)IVc] may ended around Dow 10K...