so....

I just play with Elliot waves, and want to show people what I'm looking at. I honestly think it's .... Sketchy.... Which is why I refer to my TA as Chart-astrology The way I trade is more to watch the moves, and try and catch as much of the 3rd wave as I can... and that way I don't' actually have to know where the overall market is going. I am just betting the reversals. Within that construct I can make long term bets. In the Bull Market the Mantra is to Buy the Dips, and in the Bear.... Sell the strength. In the early parts it should be safer to hold overnight(and long term) on the short side. Another note: Say I was a big market mover..... What I would do is buy up the futures, hope to make a short covering rally... or even just some strength, which would give me a chance to get out of my positions higher than the current value.