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That key datum point of 1517 is a big line in the sand :) Bears below - Bulls above :D

A 60min chart of the INDU

Seems like we got the Flat of one higher degree....

Hence all those free rides in the Citigroup private Jet :D :D :D

The bear count that gives 1492.75 as a possable MM target..

Could be a double 3 pattern to form a flat of one higher degree ?? Double 3's drive people nuts with all the false signals so its worth drawing the pattern out just in case. Much perfer a bear count of a A-B-C with this mornings move back up being the B, but we'l soon find out with that key...

Or this could be the final throws an X wave that started from the lows of 10/02 as part of a W-X-Y pattern, to form a wave IV of cycle degree. :D

One of the cleverest posts in a while makloda :D :D

The cleaners on wall street will be earning those kinda numbers as a normal wage if they try and price their pay packet in Euro's or Cable in a few years time.....:D :D :D Nice Job Ben :p

Thats a job for me over the weekend, to step back take a bigger look at all the possible patterns :) Do you have a current favored count Landis ? Cheers Mup :cool:

Quick update on the NQ for elovemer See how the NQ corrections are similar giving us a clue that the pattern in the same degree. :)

They've been reading the Book today...:D from the other page... :) http://www.elitetrader.com/vb/attachment.php?s=&postid=1664608 Again EW allowed us to predict the pattern before it even happened :D :D

Again a chart to try and make that last post easier to understand :eek: :D :D

Another option is that Exp flat ( your W pattern) is the A wave of an a-b-c X wave....With this move back down being the B of the a-b-c X wave. Still not sure where your seeing a wave 4 due to the other corrective pattern being a triangle :confused: :)

W as in Expanded Flat target... :confused: Not a W of an a-b-c :) :D:

38.2% of the whole move is another eyeball target for an X wave :)

C could go between 161.8%-261.8% a 1515.50 area is the 161.8 as the first eyeball.. Again we were able to predict the expanded flat pattern before it appeared on the chart... Highlights the strength of EW :D:D

A chart to try and make sence of my last post :D :eek: :D

Now we need to see if we get a X wave ( poss a Exp flat) as we could label the move into that 1498.75 as a W I think most will see this move of the 1498.75 as a wave 3, I'm just not happy with that count as it would mean a triangle as the W2 which is against classic rules. The alt count...

Who says the market doesn't pay any attention to EW :D When we gave the first price pressure point of 1498.75 yesterday :D