ALSI

[Mar-11]

Howzit all...anyone else looking for a possible reversal today??

[Preston]

A reversal will probably bring smart money back into the market.I am sitting 80% in cash.

[#3]

I see the sp500 trading on the support line of the bearish wedge(2hr) and will go short on the alsi when the sp 500 break this support clearly.I think that the sp500 is still ging to new high as the wave structure does not look complete but any thing can happen.

[Mar-11]

yes...anything may happen, but one has to look where the most reward is for the least risk....and to me that appears to be on the downside...im short now....stop just above HOD

[buffeteer]

Guys what would you say I should look at if i wanted to short the market. European put or something like that? Issuers and codes would help. pretty new to this

[Rams]

Marc II, ALSI ina range again, but looking at Elliot Wave within the range,1 min chart, the HOD will be taken out. Best to go fishing

[Rams]

just bounced off high of day at 29850 but will get thru I think.

[Rams]

Yep, went past and made new high of day(HOD). Look at flat ABC correction within the range on 1 minute chart and point at which wave B extreme was taken out - HOD was next target....

[Mar-11]

luckly my stop is above HOD...need more convincing break to get stopped..

[Ninja]

Guys, price still going up....why we taling about shorting? When price goes down sell, for now it must be buy....would have hated to be short all day today.

[Rams]

Well I tried to help .....

[fusion12321]

rams have a look at chartists website , u might learn something

[Rams]

hey, fusion you back....

[Fredsed]

Fusion is just another chartist clone. Chartist has more than double figure of accounts just so he can play all you people.

[Ninja]

Fredsed, you must be loving this boet.....easiest wind up I ever saw.....

[Fredsed]

Analysis analysis analysis

[Rams]

Yeah,all these chartist video fans are shorting a bull market...

[Mar-11]

yeah yeah.... ramzy... my short will show good profit in the days to come.....

[sponono]

Today we hit an all-time high on the TOPI and the bears will be running for cover and we go up even more.Lol.

[#20]

Rams one thing i have learned is never to get windgat in this market.Mark might just be correct in calling a short.Respect his view.