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To: underbyte
Yep a bear trap - Elliot Wave is 3-5 wave retractions up and 5-7 down along with a very negative head and shoulders....

Bob Prechter fan?

21 posted on 01/31/2008 9:21:28 PM PST by Toddsterpatriot (Why are protectionists so bad at math?)
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To: Toddsterpatriot

“””Bob Prechter fan?”””

Nope just read the Elliot Wave and 15 other books. Lost some money in the beginning. learning to be cautious and controlling greed in investing has worked best for me.

A cursory knowledge of the technical is helpful but I really did’t start to make money until I beat that greed thing combined with caution.


28 posted on 01/31/2008 9:45:03 PM PST by underbyte
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