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Cmon man, that's like asking a girl how many other guyz she has been with, or how much she weighz

Crude oil producers very long as price enters the value zone. Might be time to load up (UCO)?

Thought experiment. We know who won today. Now who lost? 1. GS traders who were all short 2. Same for CTAs 3. Anyone finally moved by all the bad newz, and Brandon's fiery speech, to give up on America 4. Leveraged price chasers Very irregular first wave count threw me off yesterday...

Thanks. I agree - I wasted 10 years trying to make that setup (the old school one) work. The only year I ever turned a profit was when I was holding myself strictly to using Elliot wave and only taking the third wave, which we just saw today, because it exists in both impulse or corrective...

If the big banks in the eurozone start to get margin calls from each other, that could be possible.

I think that's normal in this business. :D

Nice move up today. Congrats to those of you who caught it. I'm out of a small long (tqqq) and waiting for a technical trend reversal before going back in. Still in the down channel from last week. Old School buy signal almost there on the daily:

If only I had this mentality. Trend is still down but I covered my short about a week ago. I would be so rich by now if I could just hold my winners!

Nice technical setup for a swing low here. Momo coming out of the down move, cup & handle, inverted HnS, support, lots of bearish sentiment

The obvious prerequisite to trading any market is to know where the money will come from that you wish to obtain in profit. And we all know by now it was the central bank, up until Spring this year. Now there is no obvious source of "free money", except for perhaps people who are overextended...

And the alternative EW count, assuming a down Tuesday and face ripping reversal after it:

It's fun to argue both sides of a case, and I do this with EW counts and the fundamentals, as a sanity check. So I'll argue the bull case (since the bear case is pretty obvious now): 1. USA real estate and stocks are the least worst option for money fleeing the economies of Europe, Japan...

I'll admit, I wasn't expecting the five wave down, but your forecast looks sweet. No one is expecting a bounce that big....

Posted this in the ES journal, my preferred pattern for placing my betz:

The swing traders perspective, for entertainment value (QQQ) :

Lol 1 min chart first wave complete, now waiting on the retrace:

I kinda liked the guy. Would have been nice to see the ticker on his charts so you could follow along, but some were pretty obvious. Who knows, it may have been some billionaire trolling us, or a giant intelligence test.......

Yep, seeing the same thing. Barely a breakout in the macd downtrend, nothing yet in the money flow. These tend to lead a double bottom at times. Nice bounce on the .618. This fib stuff really works.....

That is incredible. How do you keep track of all the people with new nicks? All I remember is you, BC1 and another I can't recall getting labeled "gang stalking sock puppets" by Grand Supercycle, about 10 years ago. Dude was calling the top daily.....

Vix and btc have sometimes lead qqq in the turns. Nothing yet, but close.....