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Strategies & Market Trends : Waiting for the big Kahuna

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To: Bull RidaH who wrote (16405)4/17/1998 10:28:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (1) of 94695
 
Well David

Options expiration day is over.
You miscounted the waves.
You probably lost money.
You probably are feeling quite a few emotions right now.

You stuck your neck out to the maximum and are to be commended for that.

I hope you will come back to the thread soon with a read or without a read. And hey...just blow off anyone that taunts you that you were wrong. Let them call the market with specifics.

This is one crazy market....cant even get a normal good correction...

the one thing I learned from this is that Elliot Wave analysis is too darn complicated for me to even understand..let alone try to read.

Btw, Thursday I had the 5 day trin at 4.02. I have seen discrepencies in quotes on the trin..and so I have been watching anything under 4.05 to see if it brings a downdraft. Sure enough..Thursday it did. I have you and Bearshark to thank for that little indicator!

btw2, if you have access you might want to add money flow to your list of indicators. A friend of mine watches the moneyflow on the SPX and has seen that the moneyflow can show negativity right now..but doesnt mean the market will go down in any significant way (even though under "normal" conditions it would)...but it sure doesnt go down without the negative block money flow
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