Thursday, February 18, 2010

Count

Yeah, so what. That title sucks. Whatcha gonna do about it? ... :)

Few options still in play. I think they point to a slightly higher move coming (It doesn't really matter to me though. Like I was saying a couple of days ago, I am short and whatever volatility the end of OPEX was going to offer, I liked the risk/reward for staying short here).

I am showing my preferred and the alternate that I was discussing with Todd of Elliott Wave Principle: Stock Market and Forex Analysis here: http://marketthoughtsandanalysis.blogspot.com/2010/02/pee-wars.html#comment-35033329

Also joske has a very interesting take on the whole C wave as an ending diagonal http://marketthoughtsandanalysis.blogspot.com/2010/02/pee-wars.html#comment-35028050

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