Ewj: elliott wave

[Landis82]

Quote from Mup:

Yes nice one Guys

Who said this thread was a total waste of time

Perhaps we should just all go on Yahoo IM and discuss all of this in a REAL-TIME environment. Please PM your instant messenger screen name.

No one has a freaking clue ( at ET ) how much value there is here!

I'm in.

 

[mu200411]

Target of Microwave .iv , 100,10,20, reached. Prepare to reverse position if there is a lower low. Set stop at the last high.

 

[Mup]

Just be aware of this the Bulls need to overbalance the last correction other wise the Bears will still be in control..

 

[mu200411]

Position reversed. Set stop at the last high.

This may be a whipsaw.

 

[Landis82]

Quote from Mup:

Just be aware of this the Bulls need to overbalance the last correction other wise the Bears will still be in control..

Agreed.
Came right back up into resistance at your 15 point level. Would love to see another "push" down" to see how this market acts at the lows.

 

[Mup]

That alternate measure move was stright into a 50% their always going to try their luck on that

GOOG is now under 700 bucks

Handy that EW

 

[mu200411]

Microwave .iv should take more time. Expect a rebound here.

 

[mu200411]

Position reversed. Set stop at the last low.
Expect another whipsaw.

 

[mu200411]

Expect a Bull Trap between today high and the last high.
Prepare to reverse position again when there is a lower low, then set stop at the new last high.

 

[mu200411]

Reverse position at "M&m" pattern, set stop at the last high.