Fundamentals tell you where the market should go. Elliott Wave Principle gives you the road map to get there.
last chart http://jeffreygtc.blogspot.com/2012/02/wednesday-february-22nd.htmlwhat if the final wave and top is complex - something to keep an eye out for ... as long as we stay above 1300 ... the proposed wave 4 low holds
just seems like too many (myself included) top seekers - looking for that final 5th wave --- this would be cruel to bears...eat up any puts that don't get sold -- and provide the fuel for a meaningful decline down the road some.
last chart http://jeffreygtc.blogspot.com/2012/02/wednesday-february-22nd.html
ReplyDeletewhat if the final wave and top is complex - something to keep an eye out for ... as long as we stay above 1300 ... the proposed wave 4 low holds
just seems like too many (myself included) top seekers - looking for that final 5th wave --- this would be cruel to bears...eat up any puts that don't get sold -- and provide the fuel for a meaningful decline down the road some.
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