Elliot Wave, page-5

An excellent post and a good read.

One line I found of extreme interest was:

"For this high momentum wave three to exist the majority must get the market direction wrong. This error causes the subsequent liquidation".

Ring familiar bells regarding some "experts" (and not only femm) in the US calling the market?

My Excel spreadsheet shows no time by degrees turns for Monday, but since my figures don't go back far enough, perhaps if Yogi is watching he could comment in a more informed manner?

Bomber