Monday, August 17, 2009

EWT

Just do this for Tony....
of the downtrend we had wave 1 and 2

Now we are in Wave 3.

OF Wave 3, wave 1 this morning, now wave 2.

Of Wave 3, Of Wave 2.. 1-2- Now 3...

soon we can look at rate of decline.
at

3 comments:

  1. TonyAugust 17, 2009 at 1:07 PM

    I think that's consistent with what I'm saying, but I'm not sure. Big wave 1 started last Thursday...

    http://starwealth.blogspot.com/2009/08/spy-elliot-waves.html

    ReplyDelete
  2. EricAugust 17, 2009 at 1:23 PM

    your 1-5 to 96 could all be one large wave 1.

    ReplyDelete
  3. TonyAugust 17, 2009 at 1:34 PM

    Do you mean a wave (1)... in parentheses?

    Who really knows and time will tell, but the rally on Friday pm seemed significanat and had some volume, so i think it earns a wave (2) status. of course, the counter argument is that this was all robot buying and therefore no human limbic system was involved. Certainly, this is a scenario to be entertained.

    ReplyDelete