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Re: shankapotamus post# 3564

Sunday, 08/04/2013 12:58:03 PM

Sunday, August 04, 2013 12:58:03 PM

Post# of 4559
stockstars.bz identified it on three occasions but the last occasion, thursday night, they feel its entering into a potential wave 3, in Elliott Wave Theory.

And coincidentally, in junior stocks anyways, this usually results near term in a plethora of marketing and promotion.

In the case of SOUL, they were a month early, which is a lifetime in the penny game, but it did go up 600%, so I guess it was worth the wait.

Look at the chart of SOUL and BLUF with the corresponding precursor accumulation, just prior to one takeoff(SOUL) and hopefully another one in the case of BLUF.

Its not universal, but WAVE 3's, are generally when you hit massive paydirt in one to four days of heavy runup activity.

The SPX btw is in a monster PRIMARY wave 3 runup itself, look at that runup. Huge. Massive. Its coming to an end by the way imo. And its gonna correct, I am going short soon, towards the end of this coming week. VXX time.
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