Tuesday, January 15, 2013

Is this the count?

Quick post over lunch, with the lovely Yahoo! chart graphics dropped into MS Paint.

Is this count correct?  Are we very very near the end of this mess?


1 comment:

Permabear Doomster said...

I really can't stand these damn bearish wedges.

The bears keep re-drawing them as the uptrend continues.

Hell, I know I've done it myself so many times.

Complete waste of time.
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Primary price trend is UP.

Transports/Rus'2000 indexes massively higher - again today.
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Even a pullback to the low sp'1420s does nothing to damage the primary trend.
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Bears had their chance to break the market lower...they FAILED.