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#52 (permalink)

08-29-2008, 09:25 AM

diver

Member

Join Date: Jan 2008

Posts: 1,219

diver is an unknown quantity at this point

Quote:

Originally Posted by ravno

The only thing i don't like with this count is that we all seem to follow the same.

We desperately need some alternate count(s)

I guess sometimes that happens with technical analysis. Tech traders and chartists tend be have their "own" herd mentality.

The GBP is a very confusing market right now. New lows daily but really not by too much. Stops being run as I write, 1.8230.

When the bottom hits the turn should be violent to say the least. Short covering, new buying, momentum buying, whatever.

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