We'll probably find some sort of top in gold and oil and bottom in the greenback.
http://stockcharts.com/c-sc/sc?s=$TSE&p=D&yr=2&mn=4&dy=0&i=p58615710834&a=90137006&r=9980.png
TSE:
Started by
eminimee
, Feb 19 2007 09:29 AM
5 replies to this topic
#1
Posted 19 February 2007 - 09:29 AM
#2
Posted 19 February 2007 - 11:33 AM
Teaparty,
We finally agree on a count. I have the TSE about to finish it's v of 5 of III. If this count is correct, Elliott Wave would say the TSE could see a fall to around the 10,800-11,000 area.
Best,
LB
#3
Posted 19 February 2007 - 11:43 AM
that's my bigger count too....so IV could test down to the previous 4th of lesser degree.....right where your target would be.
#4
Posted 19 February 2007 - 12:52 PM
A good way to play a potential TSE correction is Horizon's Beta Pro Bear ETF (HXD.TO). The bull version is HXU.TO.
I have a partial position in HXD.TO. I believe its geared 2:1 to the TSE.
http://bigcharts.mar...&mocktick=1.gif
cheers,
john
I have a partial position in HXD.TO. I believe its geared 2:1 to the TSE.
http://bigcharts.mar...&mocktick=1.gif
cheers,
john
Edited by SilentOne, 19 February 2007 - 12:53 PM.
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#5
Posted 19 February 2007 - 01:32 PM
Silent...thanks for those...I wasn't aware of them...good to know.
#6
Posted 19 February 2007 - 02:37 PM
Uh...Oh....
Two E-Wavers just agreed. I thought I just felt some sort of chill...hell must have just frozen over.
Best,
LB