BOOM update

Posted by downtowntrader | 9/15/2005 12:07:00 PM | 0 comments »

Even though I am not in boom as of yet, I find the chart very interesting. I think yesterday's action may of confirmed wave C as Boom closed below the 38.2% retrace of Wave 5, and below low of wave which held 6 days ago. I am watching for an entry and I feel like we are headed towards 35 at a minimum. We will see. Good Luck.