Tuesday, February 2, 2010

Next couple of Weeks

In elliott wave terms we are probably gona go through a triple zig zag.

This is what i think is going to happen. If you go back to the march low we had three pull backs that were all pretty swift and scary. During these times pundits and experts were saying we are going to new lows. I have a feeling some people want to get in on this dip. So new investors are going to get sucked in and insiders are going to sell.

This could push us back to new highs setting up the mother of all shorts. I am going to buy dips and sell rallies for the next couple of weeks.

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