Tuesday, February 9, 2010

Bull's Best Shot?

If that was the bull's best shot at ramping this market higher, the longs are in trouble.  I think this market is headed for a deep dive that will surprise traders.  And it should happen this week. 

1 comment:

A Part of NY said...

completely agree. I keep an Elliot Wave count over at my blog. It is showing that we are about to hit (if not already in) a 3 of 3 down - (iii) of [iii] to be exact. 3 of 3's are scary and large moves. If you want to look then the link is: http://www.apartofny.com/2010/02/updated-count-for-the-sp500/