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Re: snootmagruder post# 22631

Monday, 09/13/2010 7:18:05 PM

Monday, September 13, 2010 7:18:05 PM

Post# of 31925
snoot - We are going to drop nearly 180 points. How long do you think it will take us to get to 940-950? Wave [A] dropped 180 and it took about 30 trading days. It did have that flash crash and recovery which took a few days. Wave [C]s are usually faster than wave [A]s. I don't know, I think maybe 20 to 25 trading days to get to the end of [3]. Then (4) and (5) will burn up another 5 at least. I would guess maybe 5 to 6 weeks before the big bull market starts. That would be mid to late October.
The election is November 2nd. so we should be ready to celebrate with a big rally.

You know, if I knew nothing about Elliott Wave I would have to guess we were about to roll over and drop.


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