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Monday, October 12, 2009

Mid-Day Count Oct 12

Looks like move up can be done. So here are a few options

a) The move since Oct 2 is just a Wave 1 in a 5 wave move higher (my preferred)
b) Today was the end of P2. The 5-wave completed the final C per Columbia's count this weekend.
c) The move since Oct 2 is the the A of A-B-C of 3 in the ending diagonal option (my highly speculative count)

What we can be sure of is that P2 did not end on Sept 28. The Dow made a definitive higher high today.

So here is my count for the rally so far:

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