Ewj: elliott wave

Ed, I'm looking to get short. If I wait for a retracement, it will continue to subdivide lower. If I go short now, it will retrace to the .786.

So rather than get short or plan to get short, I'm starting an advisory service. The basic premise is this--as I intend to take a position in the market, I send out an alert and tell my subscribers to do the opposite !!! You'll make a killing ; )

Kidding. I got some of the short side already and am looking to position for a longer term move.

You?
 
I see many EW counts reporting a completed wave 1 down and that wave 2 up has just started.

As usual, what I posted earlier was my view of an alternate count. Something away from what most EW counts just to keep in mind how things can turn while the markets unfolds its moves.

I am barely "dipping my toes" into the short side now. Waiting for a stronger signal before committing.... :)
 
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