Saturday, November 7, 2009

11-08-09

Barnes and Noble

I love reading at barnes and noble. Quiet good cafe and internet with this being said i would like to talk about Elliot Wave analysis.

If we took the wave 1 down from the october high to the march low and wave 2 up from march low until now and wave 3 down from here? This would put us at DOW 6800 i suppose. We are at an inflection point and we have a lot of resistance here.

Really hope people have there finances in order and are out of equities. Would highly reccommend shorting GS here. The other side of $150 could be seen in days. No double dip my ass. We have wave 3 down and 4 up then 5 down being the exhaustion wave.

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