5th OVER THROW ?
There are 2 touch points at the lower lineand
2 touch points at the upper line
IS TODAY's OPEN touch point # 3, making the 5th wave of the traingle ??
as mentioned
Nov has a cluster TODAY and again on NOV 17th
how do they fit in with each other ?
Is today the ultimate high OR will NOV 17th surpass?
more later
Jay
3 comments:
Today could be the high or it could be nov. 17th???
How does one trade that???
We can go as high as 900 billion takes it.
900 billion blows ALL t/a out of the water. Especially
Elliot wave. Just look at Prechter
T/A won't work in an enviroment where FED $$$ coming in. This is like 1999 where everyday its going UP. I said before if we break 11200 and close then 11700 within site...looks like we get there.
I am leaning LONG and taking day trades only...I will not go underwater. I will breakeven if I have to.
I still have my SHORTS VXX down 40% since I bought it in SEP, FAZ/BGZ down 22%.
A note for Abdullah the VXX will do a reverse split Nov.9th
I have moved into the camp of the rest of the crowd. NO Crash, Market moves up till March Pullbacks yes. I had mentioned before market would push up till Venus SD Nov.18th even then Jupiter will also SD more up. I see the market crashing up not necessarily meaning good times are here. More like Asset inflation.
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