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Monday, August 17, 2009

After the bell update!!!

Well the bears had their second day in a row with things going their way. Both options are still possible, the Bullish option still needs one more wave down to complete wave 5 of c of B of 2, then it should head back up to complete wave C of 2. The Bearish option has a lot more down in it. 968.77, is the next level of support, and that fits perfectly with the run down so far, with wave 1,~18 pts, and wave 3, ~25 pts, that support is only 12 pts away, making a nice 12 pt. 5th wave!!

So do you choose the Red pill, or the Blue?

This is for you, Eric ;)

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