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To: The Freep who wrote (5223)6/17/2001 11:01:17 PM
From: AllansAlias  Read Replies (2) | Respond to of 209892
 
I only look to capture the short-term swings. No, I don't think it quite bearish enough for a great bounce. I would love to see a little up and then a swoosh down to produce a nice s-t sentiment extreme.



To: The Freep who wrote (5223)6/18/2001 2:05:54 AM
From: Shack  Respond to of 209892
 
I saw no reason to be long in February or March, either. And I wasn't alone by any stretch

That's actually a good point and one that should be noted. Things can get ultra bearish before we get the turn up. But the waves had us entering an impulsive down in Feb so no one was looking for a long play in Elliott land for a while. Now the waves have us turning up sooner rather than later. You kind of have to put all the pieces of the puzzle together.