Ewj: elliott wave

Quote from Mup:

I bet a few EW bloggers my need a lie down in a darkend room today.... :D
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Either that, or look for a slow moving freight train to lie in front of . . .
 
Prechter did a lot of damage by not expanding on Frost classical swing degree rules... ("borrowed" from Gann :)

People tie themself up in knots, when there's no clear wave degree rules...

Lunch time for me :D
 
Quote from Mup:

Prechter did a lot of damage by not expanding on Frost classical swing degree rules... ("borrowed" from Gann :)

People tie themself up in knots, when there's no clear wave degree rules...

Lunch time for me :D
More...

The funny thing is . . . is that I received an EMERGENCY e-mail from Elliott Wave Theorist yesterday offering me their August issue (two weeks in advance) that has some very critical thoughts coming from Robert Prechter!

The offer is for $29.95

I wonder how many EWT followers actually have $29.95 left after getting crushed by the short-term daily analysis that has come from their in-house analyst, Steve Hochberg. :eek:
 
Bit of technical pressure to deal with at the 1:1 (1016 ES)

Usual eyeball -5 & -7.75 are the lesser alts...

15min

Edit, they need to close out that lesser 2 first though...
 

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Mup,

Commodity plays like BTU are making new highs on the week as "shorts" are running for cover as the Dollar surges and these stocks ( and crude ) don't come off.

A massive slaughter today for sure.
Just brutal!

NOTE: Looks like the shorts capitulated from 1:45pm eastern to 2:15pm eastern on BTU and CNX.

I am so glad that I am FLAT these names right now. :)
 
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