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To: Shack who wrote (664)4/23/2001 2:27:10 PM
From: JRI  Read Replies (1) | Respond to of 209892
 
So the B is a 5 wave structure, and not a a-b-c? (or are you talking about a 1 of an a-b-c?) I thought I saw someone post that this is an a-b-c (which confused me)...

If so, I'd think that 5th wave shoud carry to at least 1850...

I feel like an idiot for having gone conservative over the weekend....I saw this coming a mile away, and I changed my nature and missed easy pickin' this morning....if it is a 5 wave structure, then I spose, there's plenty of time here (but still)..



To: Shack who wrote (664)4/23/2001 2:29:51 PM
From: oldirtybastard  Read Replies (1) | Respond to of 209892
 
I'm selling most of Friday's QQQ puts for 40%+ here, getting too nervous and it's about that time of day. May put some profits into DIGL puts, it's had a sick run



To: Shack who wrote (664)4/23/2001 2:30:33 PM
From: Eva  Read Replies (2) | Respond to of 209892
 
Shack

this is all so confusing for me, all these counts, I am loosing count,.....you wrote: Then we should get a nice bounce but that line will crack when we start the 3. ...
meaning what, what will happen when a line cracks!!!???
I don't want to sound negative or not thankful, but I always thought of the Elliot wave and the Fibonacci count the same, they are good for folks who like to make there lives complicated! May be it's just me, and my not understanding the finer things in life!, but I am trying in vain to see some instant benefits of all these counting! Seems to me, it is a good vehicule to see a longer term develop, but for short term trading?
Please, enlighten me __someone!
Thanks
Eva