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 5 years ago '08        #801
o7media 35 heat pts35
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 iNsane said:
I've been saying the WHOLE method ISN'T invalid. I said if one level is invalid, are there not supposed to other options on the table?

And like I said, the guy who does these charts is updating his analysis to show where the market can potentially go. The 1380s target isn't on the chart I posted, because that wasn't an option until today. He didn't expect the market to reach this high. You have to adjust accordingly and that's what EW is about.

So you're trading with a method that is not valid.

So you're trading with a method that forces you to adjust price targets when it's proven to be wrong.

So basically Elliot Wave theory is trash, like I've been saying.

GOT IT!











 5 years ago '08        #802
o7media 35 heat pts35
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In CVS 47x July calls at .08 for a lotto play. Thinking most of it will get bought back up on this ESRX/WAG news.

By the way, the ESRX calls I had ended up going up like 900% this morning on the news
 5 years ago '10        #803
Ambassador 444 heat pts444
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900% that's ridiculous.

What's your target on the $SPX?


Inverse HS on the 60 min $SPX.
 5 years ago '08        #804
o7media 35 heat pts35
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^^ 1385-1386. Then I'll be grabbing puts for a pullback into the 1360's.
 5 years ago '08        #805
o7media 35 heat pts35
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 o7media said:
I have 2 on my list for long term growth ...but I'm not a long term investor. Not patient enough lol

CEDC and EGHT are the 2 stocks.
 Rique said:
Man you gotta at least put 2 grand on sumthn long term n just cross your fingers. If you believe in something and like their financials I think you should do it
 o7media said:
EGHT doing good today, up 5%.


wow EGHT ...haven't looked at in a while. Just saw it today....


Over $5 now. Was in the $3's just a month ago
 5 years ago '10        #806
Ambassador 444 heat pts444
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 o7media said:
wow EGHT ...haven't looked at in a while. Just saw it today....


Over $5 now. Was in the $3's just a month ago
Stuff like that k!lls sometimes
 5 years ago '08        #807
o7media 35 heat pts35
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 iNsane said:
Stuff like that k!lls sometimes

 5 years ago '08        #808
o7media 35 heat pts35
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CMG down $75 after earnings


 5 years ago '08        #809
o7media 35 heat pts35
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 o7media said:
^^ 1385-1386. Then I'll be grabbing puts for a pullback into the 1360's.

This is fu*kin bullsh*t. We're in the 1360's now ... I never was able to enter my SPY puts yesterday.


 4 years ago '06        #810
Rique 52 heat pts52
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whats new everyone?
 4 years ago '06        #811
Rique 52 heat pts52
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 o7media said:
wow EGHT ...haven't looked at in a while. Just saw it today....


Over $5 now. Was in the $3's just a month ago
You had faith in it too shouldve made the move
 4 years ago '10        #812
Ambassador 444 heat pts444
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 o7media said:
CMG down $75 after earnings


I enjoyed watching that after hours

$BAC is telling us something. It can't get out of it's own way.
 4 years ago '08        #813
o7media 35 heat pts35
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 Rique said:
You had faith in it too shouldve made the move

Yeah but I'm not a long term investor.
 4 years ago '10        #814
Ambassador 444 heat pts444
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Tough morning
 4 years ago '08        #815
o7media 35 heat pts35
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 iNsane said:
Tough morning

Tough?


[pic - click to view]




133.84 LOD. Bounced back above that lower TL

Dow up over 100 points off the low.


#ElliotWaveLost





 4 years ago '10        #816
Ambassador 444 heat pts444
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$SPY broke yesterdays low. Let's see if we make a comeback.
 4 years ago '08        #817
o7media 35 heat pts35
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Miners and commodities continue to show strength here. I'm guessing we see a big eod market rally, gain back most of these losses ahead of the AAPL earnings tonight.
 4 years ago '10        #818
Ambassador 444 heat pts444
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Market does need a catalyst to move higher. What better way than to have $AAPL lead the way.
 4 years ago '08        #819
o7media 35 heat pts35
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Eh doesn't really need a catalyst..... we got bought back up yesterday on nothing.
 4 years ago '08        #820
o7media 35 heat pts35
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And GLD is green again.... here come the bulls.


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