Thursday, October 06, 2011


Wave 3, it's now or never

We have come to the point where we either rally hard or fall hard. I have no idea which because there are a bunch of mixed signals. Of course, it is the markets job to keep us guessing. If it was easy then...fill in your own cliche. You can look at my previous posts on this wave count to see my targets. A move above 11,291 would force me to look for a new wave count. The only thing that would surprise me is if we did not break out one way or the other by next week. So expect a lot more stomach churning volatility.

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