Raging Bull

[Quakedog]

If Greece defaults so what! Still fully invested. Pedal to the metal baby! Buy on the dips and run with it.

[DEP]

... 2008 is a "tea party" compared to If we get a "Greek default".

[#3]

I agree....dont trade the news...I do however not agree with the buy the dips statement...this very statement was heard loudest about 4 years ago..buy the dips if the dips are higher than the previous dip...

[#4]

Price action not that of a c-wave.Maybe fridays call was correct with a wave 4 currently in process.

[#5]

100% consistent with it (clear 1 down and 2 up and then start of smaller 5 wave count of 3 prolly in 4 now.....i dont want this to be personal because it isnt....the fact that you doubted the B wave should tell you that the alternative count is probably right. ...this much i have learnt in applying elliott...if you battle to make the count or have some misgivings the alternative (opposite) count is usually the correct one. I repeat this isnt about being right or worng or the one knowing more about Elliott than the other its about the approach.

[Fredsed]

The elephant never left the room because the food was so good. It will leave when the food stops. Due to having grown so much it may need to break the walls first.

[#7]

I have no problem being wright or wrong,so dont worry.I like to see how other elliot traders think.If the teeboy is wright and keep staying wright we make him the realchartist and trade with him.As long we can make money.I actually think u are wrong today and we going to see a new high later today.Dont take it personal.

[Quakedog]

We will at most test the 200 moving average then we going higher. The Greek thing must and will happen.

[#9]

u mean general assistant I take it...yes of course anything is possible but if 480 goes the picture changes quite dramtically...

[richardw]

The orange background string is getting bolder, so we could have a quick bounce as green fades (loses strands) and blue becomes ascendant (i.e. thicker). Then the purple string might make its presence felt as blue is woven into the underlying red market. Often, strings don't like to have more than two colours mixed in so it's very hard to predict. My uncle Larry was colour-blind, so I told him Larry, don't play your pension money on the market when you can't see the colours. Didn't listen. Poor Larry.

[#11]

or to parphrase...."I dont know wtf is going on here so ill just take a dump on it"....just when i thought it was smelling a bit fresher here today as the sewer leakage seemed to be under control people are now just taking dumps where and when the mood takes them

[richardw]

C'mon, I thought it was "if you can't beat 'em, join em" :) Groupthink only likes their own vague untestable prediction mechanism?! Hard crowd to please, sheesh.

[#13]

stop picking up stopmies while u take that dump...pse read the post ...and u will see how we discuss the shortcomings.

[Fredsed]

Raging con ar*ists! look what was causing the blockage. Do you think it could be Greek? Probably ancient. But what kind of fool would buy it?

[richardw]

If you want people to have a sense of humour, maybe try the outfit on yourself. I poke fun at friends who believe in homeopathy as well, but they don't get as defensive.

[#16]

richard that was a mix up...forget it and lets move on with a constructive conversation...

[richardw]

No prob, I think I'm unlikely to bring anything useful to this one, to be honest. I'll be watching for EU bond spreads and things, just in case. I'm mostly waiting for the "greece is temporarily solved. now what?" period.

[#18]

could get ugly quite soon

[Quakedog]

MMMMM Not so cool was hoping the Greek deal was done today!

[SimonPB]

actual Greek bond deadline is 20 March .. all other dead lines are just lines int he sand ..