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That was the hardest thing to work out - how to trade a wave count. Some waves are very low risk and otherz are almost suicidal

I'm no expert with market profile but that looks like resistance :eek:

I actually voted "crash" because I'm looking at TNA, although QQQ just made a new high. Who knows, though I implore you to consider how accurate failed_trad3r is as a sentiment indicator. I'd hire him as an advisor if I ran a fund.

Just sold all my TNA calls, still long some small cap stox but now I have a few TNA puts from a couple days ago, underwater. I hope we get a little pullback soon :eek: I'm glad you're still here. You provide valuable commentary to the forum.

Sold all TNA calls from last week, now wondering what to do with the puts I bought a couple days ago.

"It's a Meltdown" <iframe width="640" height="360" src="//www.youtube.com/embed/G1T6jk5eDF8?feature=player_detailpage" frameborder="0" allowfullscreen></iframe> .....but not in the way FC was hoping for, LOL!

:D Fade fear in an uptrend........ where have I heard that before?

Market has resumed the V bounce, for the record. Just like the old POMO days :eek:

Where you at, failed? Yellen just spoke to CONgress today and The Market hasn't yet figured out what it wants to do. Are you still short?

LOL :eek:

AGW cultists are getting desperate. I see FC's posts are splashed with a little more profanity than last week.

Those (few) of us who use it have given up trying to explain it to others. And besides, the most famous and outspoken Elliot Wave Evangelists tend to be wrong as often as they are right, despite their staid confidence. There are as many ways to count out a friggen chart as there are...

State of the bounce: five waves can now be counted out and momentum is waning, while Ms. Yellen will most likely reiterate the Taper tomorrow......... it all leads me to believe we will get a slight pullback before the next leg up. I'm still long the calls from last week but took on a few puts...

Same guy :) I can't believe how right he was. Just sit on handz, don't sabotoge ur profits, and let the bull run. $$$

Lots of self loathing in this thread. Are you sure you really want to be a trader? What attracted you to this profession?

Just checked the other indices and sure enough, the Russel is the only one below its trend line. It sometimes leads the others but if the rebound continues next week (as predicted :p) the long term up trends will remain intact, though overbought. Will Chairman Yellen allow the taper to...

Fit black guy vs. round white guy: http://www.youtube.com/watch?v=BqC8AOr_Gl4 https://www.youtube.com/watch?v=IPG4ILE3_tw

Cool. Boxing training is tough! They grind you for 2 hours straight to get the stamina ready for 12 rounds. If Zim finds a real trainer he might do pretty well, but like I said before, better start soon.

Interesting forecast by an individual who called the tops in 2000 and 2007 - calling for the same in early 2014, all for the same reason: Fed tightening at the top of a mania...

200 is severe! Usually I visualize my old boss. Back to the fight: I do hope it's all regulation boxing equipment and a legit promotion. Gimp gloves are gay