By the way all, I was so sure of the EW structure, (that I unfortunately allocated a lot more money to the SPX put play then I would have liked. (I sold near the bottom after seeing a sqeeze attempt, and bought back in at 1124 after seeing lots of weekness, and it just reversed and went strait up out of nowhere. Also bought more at 1180. I'm still up on those. I learned you can't depend on EW's, cause they are so tricky. Those waves only REALLY show themselves after the fact it seems. I have seen dozens of interpretations this week, and am still VERY VERY confused. WAVE 3,5,4,A,B,C,FLAT, not sure! <sigh>. Oh well. Here's to a retest of the lows next week. Cheers and later! Have a nice weekend everyone. :) |