Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 48.79

-1.7%

Dec 11 4:00 PM EST

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To: da_cheif™ who wrote (67639)	9/26/2011 7:03:37 PM
From: Winfastorlose	4 Recommendations Read Replies (1) of 207309

Gotta love Elliot Wave analysis. No one really ever knows what wave any market is in until 20 years after the fact. lol. I think your CLX chit makes a hellofva lot more sense. Precter has been spouting wave counts for years and is almost always wrong about the direction of the market, whereas you get the direction right more often than not and could call it a superdooper wave z15 from the planet zebulon and it wouldn't matter. Getting the direction pegged over the short term is all that matters for any trader. The rest is a lot of hooey.

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