There can be several EW interpretations of yesterday's
action...based on the fake outs of the other waves, it would be
foolish to think that this wave 5 up is over...doesn't mean it
can't be over, just that as Matt and Steve always say, look for the
triggers and other confirming chart data of a top etc.
Seems to me that we need to go a bit higher first but then that
must mean the opposite will happen!!! Used to know a guy like
that....fading him made me a ton of money, until he went
broke.
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There can be several EW
For those who were short coming into today, realize that ...
Posted by perthx on 24th of Mar 2009 at 10:34 am
There can be several EW interpretations of yesterday's action...based on the fake outs of the other waves, it would be foolish to think that this wave 5 up is over...doesn't mean it can't be over, just that as Matt and Steve always say, look for the triggers and other confirming chart data of a top etc.
Seems to me that we need to go a bit higher first but then that must mean the opposite will happen!!! Used to know a guy like that....fading him made me a ton of money, until he went broke. x