Saturday, February 14, 2009

Elliott Wave Update - Slight Change To Wave Count



I've made a slight change to the Elliott Wave count since last week. The Nasdaq is still in Primary Wave 4, but rather than be in Wave B of 4, I have moved up the timetable a bit. Whereas last week I had Wave B above labeled as smaller degree wave (a) of Wave B, now I have Wave B and Wave C as completed, and Wave D needing only one last leg down to complete Wave D. I was wavering last week about which way to go...Once Wave E back up is completed, and this should be at the end of the month (Feb '09), watch out below as Primary Wave 5 down should be ready to go.

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