Replies to post #133034 on Simple's Green Room

[pennies2007]

Exactly. That's why I held my short positions even through the drawdown period. The first wave count down was in 5 waves so I knew that we might get a 3 wave bounce first back near the highs but I added short positions along the way anyway. I'll probably be getting out too early as it is. The current sell off on the lower time frames is pretty intense with no signs of a bounce yet. We could drop into the 0.75's easily.

[pennies2007]

Of course, I could be totally wrong and NU will just fall into oblivion...LOL! Who knows...but I'm sticking with the down trend for now.