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Strategies & Market Trends : Longer-Term Market Trends -- Ignore unavailable to you. Want to Upgrade?

To: morokko65 who wrote (1773)	9/29/2008 1:07:42 PM
From: jjstingray	Read Replies (1) \| Respond to of 3209

Look at the Elliot count in that chart, it is completely wrong. He has a 1 down from the July 2007 high, then a higher 2 at the top in October. He obviously needs some EW help. I think he needs a refresher I do think we are on the verge of a major major breakdown. That lower S&P wedge line has sort of held, but it could cave this afternoon.