Any Ideas on direction of the ALSI ?

[Mar-11]

ps..the short at the point seems a bit obvious for my liking....bottom or trinangle also bootm of longer term flag...we will see what happen there..

[#2]

Mark my short term count for today is a short.Count as follows a b c correction.Gap down this morning =a then upmove from there is b.(triangle).Wave c down to follow.(About to start).only my opinion and not a call.

[#3]

Top tip, don't try and be smart ie herd mentality doesn't work when trading,if everyone was on the same side money will not be made..Regarding Qe3 the Dow spiked up on the news traded lower due to the fear Us economy is worse than expected..and last don't rule out the possibility of a default..GAME THEORY tells a thousand words..

[Mar-11]

that was my wave e.. for me....

[Mar-11]

yes and with everyone short who going to be there to keep the mkt down when their stops getting hit...

[#6]

Ithink u were correct.

[Mar-11]

960 strong so we take some profit

[Mar-11]

940/920 power..maybe 1 more run before data @230

[Mar-11]

long is gone..

[#10]

This is uncharted territory for the TOPI, not much standing in the way of this and may 31st highs. We could easily see another 200pts upside from here, if there is any sort of Wall Street rally.

[Mar-11]

me thinks down till big ben talks..and then who knows

[#12]

you have got your chart up side down boet

[tee_1]

If the us markets open positive we going to break the triangle trendline and see a hugh run.But if they open negative long drop.

[Mar-11]

all im saying is i wont want to be holding long again till 29060-80 odd breaks clear thru.....if it breaks longs again....small short and not for long for now...

[Mar-11]

u should try it works awesome...

[Mar-11]

1st profit taged

[#17]

Bwahaha..isnt it nice ne..btw say hi to c for me!

[Mar-11]

i think this maybe start of wave e down to 27000 level...

[Mar-11]

c??

[Mar-11]

2nd and final target pinned, will maybe look to renter small short overnight if any bounces