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To: AllansAlias who wrote (2039)	11/25/2008 1:22:35 AM
From: NOW	Respond to of 3209

ot as wiggles but using your bullish count we are now in a 3 of sorts, and i can count 5 up in that three so the 2 could take us down again but not to new lows; showing why your entry being where it was was exceptional

To: AllansAlias who wrote (2039)	11/25/2008 8:39:47 AM
From: taylorfife	Respond to of 3209

Thanks AA....TF nm

To: AllansAlias who wrote (2039)	11/26/2008 4:22:27 PM
From: Perspective	Read Replies (2) \| Respond to of 3209

The first TL test I see: Will it set us up for a pullback, or do we gap right over it and run? I suppose the odds favor a pullback. I went home a little short today. I let myself get talked out of neutralizing the short exposure, in deference to the odds. The odds aren't very comforting... `BC

To: AllansAlias who wrote (2039)	11/27/2008 2:30:35 PM
From: Perspective	Respond to of 3209

What I can't figure here, and I remember seeing this about a year ago - maybe it was in retailers and homebuilders - is that some sectors have basically already been correcting upward since the October 10th. Look at RTH. It's now priced at its highest point in the past six weeks. It spent much of this year in the 85-95 range, very close to the ATH around 100. It's almost back to 75 now. It just doesn't seem like it's discounting consumergeddon to me. Maybe I'm just too bearish, but I think this is a more serious event than that. I see my way clear for DJIA/SPX to bounce here, perhaps on the back of commodities and general short covering. But how silly would things have to get for RTH for the rally there to continue much further? OTOH, it would make for a really pretty flat if it topped out around the 50DSMA at $76. But that's just a couple days price movement at this point. EDIT: Perhaps I can answer my own question. The charts say it would make sense for it to retest the $85 breakdown. Perhaps that's what it does here. I just thought that if it was in a wave 4, it wouldn't overlap with wave 1 lows above. EDIT#2: It was RTH, back in March. It was at $95. It basically went sideways for the next couple months while the rest of the market bounced upwards. Hmmm... `BC

To: AllansAlias who wrote (2039)	12/2/2008 12:17:20 AM
From: NOW	Respond to of 3209

"i am a low early" looking more probable today as we clearly have an overlap of putative 1 up with 4 down via HUI daily count but a more bullish 1-2 1-2 count with 3 up can not be ruled out...we will know soon enough

To: AllansAlias who wrote (2039)	12/11/2008 8:42:53 AM
From: Rarebird	Respond to of 3209

Elliot Wave Gold Update 23: freebuck.com

To: AllansAlias who wrote (2039)	12/17/2008 12:42:43 PM
From: Stoctrash	Respond to of 3209

Gold looking good...same for FXY, FXE etc.. Here is what I saw on NDX. We spiked that 1250 area yesterday -- not sure we slowly melt up OR slowly melt down with one of those tines now. Message 25250006

To: AllansAlias who wrote (2039)	1/9/2009 8:22:12 PM
From: Perspective	Read Replies (1) \| Respond to of 3209

Are you seeing anything of interest regarding the Wave 4 in stocks? This wedgy structure is at the support line again. `BC

To: AllansAlias who wrote (2039)	1/21/2009 9:28:15 AM
From: Perspective	Read Replies (1) \| Respond to of 3209

You have been very quiet, my friend. A penny for your thoughts! I'm concerned that our wave four may have completed at the January highs, but I suppose there are still decent chances for this to be merely a "b" low, with the four extending further in time. Whatever it is, we didn't get the slam-dunk (DJIA 10K SPX 1000) that I was hoping for. Jeebus, BKX at 30. Pressing 1994 lows - the start of the credit bubble blowoff. Scary stuff. Makes me feel more confident that we're ultimately headed there on the general market. `BC