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Sorry Mu, I don't get it.... I thought abc are 5-3-5 or 3-3-5?:confused:

Sorry Mu, but what is a a-b-c-5 pattern?:confused:

GREAT CALL Elo & Mup!!! And thanks :) :) :) for sharing your thoughts. The past few pages in this forum has been extraordinarily impressive! Great work guys!:)

Elo, Thanks for taking the time to type out such a detailed post!:) I fully agree with you..... either way it goes from here will be a HUGE move......

Well.... you were not completely alone.... I was long just before lunch, but just for about 2 hours....:D Can you share perhaps a daily or hourly chart where you think we are now? I just cannot see any reason to be long...:(

Hi Mup Nice to see u back! :) How's your break? Did u travel?

Elo, Thank you so much! I really appreciate your sharing. Will get a copy of the book you mentioned, I believe it's "Dynamic Trading" by Robert C. Miners.

Well done Elo!!! Futures is looking very good here......:D Hey! Would you be sharing more about your time theory soon? I'm looking forward to it. Thanks Elo! And I think our old friend Mup should be back......... unless he decided to skive for another few days.... :p

It's been rather slow moving, so I thought I'll inject some life.... :D http://www.youtube.com/watch?v=1-Su591QQsI

Did your wave 4 seem to penetrate wave 1?:(

Elo, You have an impressive track record so far, but I think this is the first time I see a hourly time target....:) I cannot seem to fit in any satisfying count since Jul 15th, but the least unsatisfying count to me would be a A-B-C. I'm looking for about 12,000 on the INDU and about...

Mu I decided to take a break as well and stayed on the sidelines while this correction from Jul 15th runs its course..... I am bullish for the moment, weakly bullish with the very low volume. Thanks for your posts! :)

Elo, Thanks, but I afraid I may be seeing something else in the charts instead.....:confused: I guess to each his own? :) Corrections has always been the achilles' heel in EW and quite a few other forms of TA. I have learnt (.... as Mu has also posted many times very early in this...

Elo, I think your chart is laterally inverted...:( Is that intentional?:D While I don't fully understand what you mean in your above post, I do think there is some upside to the market.... at least for a while.....:) It's been a nightmare trying to decipher the charts:confused:

Thanks for this update ammo. I was about to ask 'cos I cannot see it......:) Elo, Thanks for the chart. Looks software drawn......:D but just as good!

Would you be able to post a chart?:)

...well... looks like my ending diagonal went out the window...:D I noticed that the volume on the INDU seems a little low on Friday and today, and yet we are up almost 400 points!

If it is an ED, it would be 3-waves each.:)

.... and there is the wonderful Beijing Olympics opening ceremony to watch right?

Could also be an ending diagonal "C" wave option on the SPX...... Would be wonderful if it is......:D