Globex 11-04-08

Interesting action. My inclination to believe we drift upward till the 6th would seem to be coming to pass. currently on a short term basis, i have a proj. to 992.50 and am looking to sell a retest of the recent high for that reason.

Also note , couting from the bar #7 peak to the next good peak at 992.50 before it starts down gives the exact 1 min bar when that cycle ends!(987.50)