$Compq 2640-2650

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Posted by Gary on June 21, 2007 at 17:10:33:
In Reply to: Long term correction near? posted by Gary on June 20, 2007 at 08:13:44:

All time frames (long, intermediate, short, and 15min) are now targeting the 2640-2650 area. Could get there tomorrow if we have a big day. May not see new highs on the Dow or the S&P if the COMP continues to outperform.

: Be careful up here- we are closing in on the 2640-2650 area. Possible multi-month ABC correction of 5 waves up from Aug 04 may be imminent.

: : 2600 target hit- will this wave 5 fail? We should find out tomorrow- so far pull back has been minimal. Long term 2640/2650 target awaits.

: : : 2550 may be as low as we go here- if so wave 5 up projects to 2600.

Follow Ups:

Re:$Compq 2640-2650 Gary 09:51:49 06/24/07 (12)
- Re:$Compq 2640-2650 Gary 09:08:45 06/28/07 (11)
  - Re:$Compq 2640-2650 Gary 14:35:34 06/30/07 (10)
    - Re:$Compq 2640-2650 Gary 00:06:48 07/03/07 (9)
      - 2642 touched today Gary 10:36:19 07/03/07 (8)
        
        2668 touched. Running on fumes? Gary 13:45:51 07/07/07 (7)
        
        2672.59 hit- Top in? Gary 21:20:31 07/10/07 (6)
        
        Irrational exuberance prevails Gary 11:37:52 07/14/07 (5)
        
        2715 target hit Gary 22:55:37 07/17/07 (4)
        
        Wave 5 up from 2632 nearly wiped out! Gary 17:03:06 07/24/07 (3)
        
        Old waves 4 & 5 wiped out Gary 21:54:27 07/26/07 (1)
        
        Ominous bearish engulfing candle Gary 20:58:58 07/31/07 (0)
        
        Re:Wave 5 up from 2632 nearly wiped out! Paul 22:40:44 07/24/07 (0)

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