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To: JRI who wrote (7097)7/13/2001 12:59:41 PM
From: oldirtybastard  Read Replies (3) | Respond to of 209892
 
shorted BRCM, lol we will all do well or get nailed



To: JRI who wrote (7097)7/13/2001 1:05:59 PM
From: Shack  Read Replies (1) | Respond to of 209892
 
Well we are getting those negative divergences in the RSI and MACD now on the 15-min. I will be watching the pullback closely for signs of impulsiveness.

Last time I saw divergences on these charts was two days ago and they were positive divergences. We all know what happened subsequently.



To: JRI who wrote (7097)7/13/2001 1:07:48 PM
From: AllansAlias  Read Replies (2) | Respond to of 209892
 
just feel like this thing needs a rest, and Dow count looks like it needs a rest....

Stepping in front of impulsive up is unwise, but I know you know that. I think it was Prechter (or perhaps Elliott himself) who said "The hardest part of Elliott is believing what you are seeing."

Cheers


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