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To: AllansAlias who wrote (68952)3/19/2003 7:33:34 AM
From: marginmike  Read Replies (1) | Respond to of 209892
 
Yup. Dow 8245 area is when the Elliott bears pack up and go home -- 4 violating 1. Like we have said in the past: By the time one knows for sure one is on the wrong side of a trade, the whole world knows and it's too late.

what do you mean? If we get to 8500 then 8254 will be taken out, thus is your big bearish count out the window?



To: AllansAlias who wrote (68952)3/19/2003 7:39:00 AM
From: JRI  Read Replies (1) | Respond to of 209892
 
'one more wee pop and fix in it' now, you singing my Elvis tune....I like it when both favored scenarios point to down and there is a clear, immediate exit, if wrong (if even more bullish scenario appears)...what more can a trader ask for? g