Wednesday, August 25, 2010

Day session low in place at 1037

3 comments:

MC said...

i am not an elliott waver at all but i ve seen many exhaustion swings ending as a 5 wave ending diagonal with a very short term a-b-c directional move just before the trend reversal. I see it the case for USDJPY as well. Holding on my long just above 85, expecting a daily/weekly close above the 8476 level. Cheers. MC

kcounty said...

curious how much of the economy was driven by spending from the massive housing rise over the last 30 years. I am 41, and i know the generation before me bought homes in California for 20K, now worth millions and dumped all that equity into the market.

extrader said...

Carl,

Great call today on ur guesstimates and overall market prediction!

Man you were right on!

ex