Thursday Morning Update

Posted on February 10, 2011 by alphahorn

Well, my count seems to be playing out for now.  Five waves up and then wave (iv) should retrace to 1275-1299 before the final push up to complete intermediate (1).  The alternative would be that these next five waves finish intermediate (1), but we don’t have to worry about the count, we have a system to follow.

About alphahorn

I received an MBA from Columbia University’s Graduate School of Business in New York and am a Wall Street veteran. I’ve worked for a number of investment banks including Smith Barney and First Boston/C S First Boston in New York. Over the years, I have developed my own Proprietary Swing System and I combine that System with my own Elliott Wave Analysis to trade.
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4 Responses to Thursday Morning Update

  1. Tony D says:
    February 10, 2011 at 9:44 am

    Very timely Update – thanks.

    Reply
  2. alphahorn says:
    February 10, 2011 at 12:19 pm

    I sure hope you guys played IYT today!!!!

    Reply
  3. alphahorn says:
    February 10, 2011 at 12:25 pm

    1330.50ish is my target, we tighten stops in that neighborhood

    Reply
  4. Tony D says:
    February 10, 2011 at 1:53 pm

    Wish I had taken advantage, but good call, considering what transports have been thru lately.

    Reply

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