7 replies to this topic

[eminimee]

Short to intermediate term...down to 115ish...up to 125 ish.... but then down 10 to 12% down to retest March lows...then all clear.

http://stockcharts.com/c-sc/sc?s=$BKX&p=D&yr=10&mn=11&dy=29&i=p95116402899&a=89765629&r=443.png

[Tor]

Tea, with all respect, do you actually trade off these? It seems to me the projections end up being total guesswork and random. I don'tmean to discredit, its just my personal experience but if you can make them work then I say good for you. Good trading.

[eminimee]

No...don't trade off those....but can give me perspective...you should know by now I'm a short term trader.

[LeroyB3]

Your purple fourth wave is overlapping the purple second wave. Therefore, I wouldn't consider this count valid. Best, LB

[eminimee]

Leroy...yes ...there is overlap...and I did put a note "ED fifth of (3)" to explain....guess you didn't see it.

Tor...Yes...can be guess work but here's a link to charts I did mid Feb and haven't touched them

http://www.traders-t...showtopic=66743

Edited by Teaparty, 12 May 2007 - 07:05 PM.

[Tor]

Many thanks TP. Good to know.

[LeroyB3]

No, I saw it, but it doesn't make any sense in Elliott Wave terms. An Ending diagonal can only occur in a fifth wave...your's is occurring in an wave 3. Best, LB

[eminimee]

ok..understood now...

Edited by Teaparty, 12 May 2007 - 07:45 PM.