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temp luvs amy

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temp luvs amy

Re: None

Tuesday, 11/18/2008 10:58:33 AM

Tuesday, November 18, 2008 10:58:33 AM

Post# of 10201
You guys must be bored, so I thought I would doodle a bit. I took a look at the chart and drew out the Elliot waves. It looks a lot like the first subwave of W3, which could actually be just w3, a subwave of W1. W3 becomes official when the W1 top is exceeded. w3 is official when the w1 top is exceeded. W3 is implied when w3 of this run exceeds the w7 top of the previous wave at 4 pennies.

In other words: Look out above if this trades higher than last weeks high, because that would represent a clear indication that w3 of W3 has begun. w4 would consolidate, and w5 would go to the moon, making W3 a real powerful wave.
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