KO
koolblue
Rep: 48,651
Posts: 16,032
Hey VO , THOSE CHARTS YOU POSTED WERE GREAT! bout time you looked at the longer term and gold too! keep it up!
KO
koolblue
Rep: 48,651
Posts: 16,032
dam, i wanted to buy that open soooo bad! now its a crapshoot... and typical boring globex action!
VO
VOwater
Rep: 133
Posts: 4,121
"Markets move against the trend of one greater degree only with a seeming struggle. Resistance from the larger trend appears to prevent a correction from developing a full motive structure. The struggle between the two oppositely trending degrees generally make corrective waves LESS CLEARLY IDENTIFIABLE than motive waves...As another result of the conflict between trends, corrective wave are quite a bit MORE VARIED than motive waves." Prechter...what he is saying is corrective waves can be a sob to figure out and I couldn't agree more...and thanks alot Koolio for posting your current wave count in charts - it made me spend my Sat. digging in Prechters book! geez.
VO
VOwater
Rep: 133
Posts: 4,121
you noticed that all last week I didn't post any wave counts because frankly I just really did not have a good clue!