Thursday, April 15, 2010

That just makes me want to puke all over your head, sir.

Sorry, no Tommy Boy for this title. Just some Arrested Development.

I really hate this count. Because the subwaves do make me want to vomit. They are not clean impulses. But yesterday we did get acceleration, which we expect in a 3. Breadth did increase. Which we also expect in a 3. And we got follow through today.

So until proven otherwise, the count after the triangle is most likely an impulse. Just don't zoom in past a 15 minute chart. .... (BS). I hate counts where you have to hold your nose to believe them.

.... oh well, that is the nature of the beast and the counts in a bear market rally I suppose.

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