Ewj: elliott wave
- Thread starter mu200411
- Start date
Quote from ed:
Seems like another flat is forming... will be going long ES at about 877 for a scalp....
Set your stops.
Edit:
Will be going short at about 889~891
Set your stops
If ES touches 878.50, then my stops would be triggered to leave me with some pocket change....
Edit:
Very nice call Mu! Perfect timing!
Should have refreshed by browser.....Thanks ed,
You'd nailed the High
.
mu.
The DOWN move looks impulsive, but with only seven waves.
followed by a 5-waves UP.
Foreclosure filings in record jump
Hope Now reports a 20% increase in initial foreclosure filings during March. But there was a steep drop in bank repossessions.
By Les Christie, CNNMoney.com staff writer
Last Updated: April 30, 2009: 11:31 AM ET
http://money.cnn.com/2009/04/30/real_estate/March_Hope_Now/index.htm
Edit: 05-01-09 12:32 AM
Oops! A new low :eek: .
You'd nailed the High
.mu.
Quote from ed:04-30-09 09:31 PM
Seems like another flat is forming... will be going long ES at about 877 for a scalp....
Set your stops.
Edit:
Will be going short at about 889~891
Set your stops
The DOWN move looks impulsive, but with only seven waves.
followed by a 5-waves UP.
Foreclosure filings in record jump
Hope Now reports a 20% increase in initial foreclosure filings during March. But there was a steep drop in bank repossessions.
By Les Christie, CNNMoney.com staff writer
Last Updated: April 30, 2009: 11:31 AM ET
http://money.cnn.com/2009/04/30/real_estate/March_Hope_Now/index.htm
Edit: 05-01-09 12:32 AM
Oops! A new low :eek: .
A GAP UP turned into -ve, this may be an Exhaustion Gap.
The DOWN move may be an a-b-c or a 1-2-3
.
Below 868 the latter is more likely.
Chrysler: Better dead or alive?
Bankrupt or not, the automaker's future looks increasingly precarious.
Alex Taylor III, Senior editor
April 30, 2009: 10:49 AM ET
http://money.cnn.com/2009/04/30/autos/chrysler_dead_or_alive.fortune/index.htm
Edit: 05-01-09 01:22 AM
A lower low, so the DOWN move was a 1-2-3-4-5,
a true impulsive wave :eek: .
The DOWN move may be an a-b-c or a 1-2-3
.Below 868 the latter is more likely.
Chrysler: Better dead or alive?
Bankrupt or not, the automaker's future looks increasingly precarious.
Alex Taylor III, Senior editor
April 30, 2009: 10:49 AM ET
http://money.cnn.com/2009/04/30/autos/chrysler_dead_or_alive.fortune/index.htm
Edit: 05-01-09 01:22 AM
A lower low, so the DOWN move was a 1-2-3-4-5,
a true impulsive wave :eek: .
Quote from mu200411:
Thanks ed,
You'd nailed the High
mu.
The DOWN move looks impulsive, but with only seven waves.
followed by a 5-waves UP.
Thanks Mu,
Actually I got the bottom of the "b" wave at 877, then missed the top of 885.74 and got stopped out with only pocket change....
The last short from 879 was nice... covered at 871...
Have to thank Mup for all his teachings....
Watch the vix, it seems to have complete 5 down and has climbed from the day's low of 34.50 to 36.12.