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Thanks Again, BigWave


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spx pattern:

 

from yesterday hi 884.50 we completed an impulse wave up at 884.50

 

from 884.50 to this am lo 876.30 is wave a

 

wave b underway is a horizontal triangle with apex 879 +/-

 

once b triangle done (b triangle underway NOW)...

 

then c wave thrust down to 870 area (from 880 area).

 

From 870 we thrust up toward 896 then to 911, (IMVHO)

 

THIS 910 area will end THIS BEAR MARKET CORRECTION and lead to major BEAR LEG!!

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This is not a recd to buy or sell... just thought I would apply E waves to a stock to show y'all how I think when buying a stock, if waves look good. I got this at 3.40 when I saw the bullish wedge finishing up an E wave.... and the breakout ensued as per Elliott rules.

 

Now its about done, due for wave 2 pullback. So I sell here, 1/2 position, and await pullback. If Im wrong, I make $$ going up from here, if Im right, I buy back more shares for the Wave 3 up....

post-3-1049391407_thumb.gif

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News report by Rachel Koning:

 

"Swelling household debt and increased bankruptcies are worrisome and argue for more aggressive personal finance education, Federal Reserve Chairman Alan Greenspan said Thursday."

 

Like Channeling Stocks Summer Camp? Make it tax deductible, Al ...

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Guest The CoinGuy
Tons of postive TA divergences yet again on PM pullback, in a low risk heavily over-sold buy zone.

 

Worth a poke! :P

I've been poking and jabbing these little piggies all morning. Gotta have some fun somewhere.

 

feel like taking a nap.... :D ,

 

TCG

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News report by Rachel Koning:

 

"Swelling household debt and increased bankruptcies are worrisome and argue for more aggressive personal finance education, Federal Reserve Chairman Alan Greenspan said Thursday."

 

Like Channeling Stocks Summer Camp? Make it tax deductible, Al ...

Lmao,... yeah, like a war on fraud,.. "just say no."

 

America great or what?

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FWIW

 

Just sold big chunk more of CPN at 4.06, taking my own advice. Now only about 15% of original position.

 

Waves working in real time... will buy back in mid 3's...

 

P/C still rising... still havent seen pullback for wave 2... difficult to figure out right now.... staying DONG

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