if that alt count i wrote about works out, i can see one nice
wave 2 rally...if we bottom late today or early tomorrow, then I
can see a sharp rally tomorrow to screw over the options
holders.
I would expect to see the SPX and Dow break Mondays lows to
confirm this "alt wave count"
On the other hand we might just start crashing...keep your eyes
open and be ready for anything.
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option exp shouldnt matter
ok another possible count to consider
Posted by perthx on 19th of Aug 2010 at 12:54 pm
if that alt count i wrote about works out, i can see one nice wave 2 rally...if we bottom late today or early tomorrow, then I can see a sharp rally tomorrow to screw over the options holders.
I would expect to see the SPX and Dow break Mondays lows to confirm this "alt wave count"
On the other hand we might just start crashing...keep your eyes open and be ready for anything.