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To: elliottrules who wrote (163701)3/4/2008 8:28:53 PM
From: Shack  Read Replies (2) | Respond to of 209892
 
It means I find there is an overall bullish bias on the thread towards every little wiggle, no matter which direction we're going. All IMHO.




To: elliottrules who wrote (163701)3/4/2008 8:44:03 PM
From: The Freep  Read Replies (4) | Respond to of 209892
 
I don't think Shack was slapping anyone. I would note, like he has, that if you review the last 3+ weeks around here, pretty much every rally longer than 30 minutes has been dubbed the iii of 3.

It's always been possible, of course, but I can personally recall having a convo with MC on here where he was accusing the thread of being bearish... whereas I was saying that there was a very obvious down scenario that had not only not been negated but seemed likely.

Anyway, it's possible we're in the iii of 3 here or an impulsive C up (both of which will start the same and are supported by your charts/buys here). It's also still possible this bounce fizzles... and it'd be a shame to see that possibility ignored.