Ewj: elliott wave

[ed]

Quote from Landis82:

Still looking down?
Me thinks you had way too much sake!

Oh.... it is never too much, especially that junmai dai-ginjo grade...

Since ES busted above 923.50 before Friday's close, all bets were off right?

Quote from ed:
Lookout for:
1. Above 923.50 count invalid

Anyway, there's so many possible counts now I think it best to let Mr Market sort itself out....

 

[mu200411]

Thanks ed ,
Mu.

Higher high :eek: .
Another measured move of 200,20,40 or 400, 40, 80 points

 

[mu200411]

A Bear Cub Trap :eek: .
After the small set back there may be a measured move UP 200,20,40 or 400, 40, 80 points .

 

[mu200411]

This prolonged sideways movement may be Wave iv .
Same target as before .

 

[mu200411]

Stocks set to tumble :eek: .
http://money.cnn.com/2009/06/03/markets/premarkets/index.htm
Is this the end of Wave 4)c.5?

 

[mu200411]

Fibonaci 38.2% .
Is this enough ?
Where is everybody ??

 

[ed]

Quote from mu200411:


Where is everybody ??

"Stealing" some time out for a break?

Looking at the number of hits you have on your attachments, one can estimate the number of lurkers here too.....

 

[mu200411]

Hi ed,
Long time no see .
Mu.

Is this the beginning of Wave v .

 

[mu200411]

A lower low :eek: .
There should be measured move DOWN to close the GAP .

 

[Landis82]

Bearish sentiment is at the LOWEST point that I have seen this year . . . according to the latest Investor's Intelligence reading out today:

Bulls: 42.5%

Bears: 25.3%

http://www.schaeffersresearch.com/streetools/market_tools/investors_intelligence.aspx

OIH is under tremendous pressure after its HUGE run-up.