I'm hoping maria drools a little... or a little dance... but El Topo may be tomolly.. I can hear the money managers... "Ok.... lets deploy the rest of the cash before this gets away from us"
Wednesday, April 29, 2009
nice how we hit the trend line
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Last day of the month tomorrow. I'm not sure how much is window dressing, etc, but we may see some profit-taking Friday (your fictional right shoulder?) Would that also likely coincide with a wave 4?
the wave 4 will be sometime tomorrow.... MAYBE..
Top at the close or maybe tomorrow...
but no great reason to chase it... catch it on the other side.. If I can see some nice Frothing or another high, I may make a bet... and may even cash out wave 4.
we are heavily overbought
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