There was talk about Prechter and Elliott Wave yesterday, I think it was.  For what it is worth, I have become comfortable with Elliott Wave use with limitations.   I don't listen to anybody that tells me what the market mustdo, and neither should you.  The market will do what it wants.   There are too many conditions that can influence the market, (yes, even manipulation), and you don't want to be on the wrong side of the market.  

I do like E-wave for guidance and possible road maps of where we are.  In that regard there is a gentleman Anthony Caldaro that puts out a free website.  His work is terrrific.  He doesn't make the market do anything.  He just analyzes where it is at and attempts to keep it in a logical placement.   When the counts need to change because the market didn't do what he thought, they change without regard for him being right or wrong.  The same thing we have to do as traders.

I'm sure many of you already know the site. For those that don't it's a great resource.   http://caldaro.wordpress.com/.  BTW,  according to Tony, we may be in  intermediate 3, of major 3, of primary 3.  That's a nice place to be if you are still bullish.

ONTY has had a huge upside move already but is pulling back in a nice orderly flag pattern.  Good continuation trade on a break out of the flag.  I know nothing about the company so I  wouldn't fall in love with it -just trade the move.

VMW seems to be safely thru resistance at 102 area.  Nothing in the way until about 114.    Appears to be trending on the daily now, and appears to be in a wave 5.

Hi everybody, new member that used to be here before.  john