I count the current wave that began on the 3rd as being 5 of 3. So it will probably peak a bit more tomorrow and then have a nice pullback and then do wave 5 of 1 somewhere in the mid to high 12s. Then you wait for a nice 3 wave pullback and then jump in with confidence because this thing has had the crap beaten out of it, you a buying the dip, not the spike and 5 waves up means you get at least 5 more after that even if it turns out to be an a-b-c retracement. Them's the odds folks. Keep the odds in your pocket and the money will follow.
Tuesday, February 3, 2015
[CJES] update
Here is the backlink. The count looks good so far. In the previous model the price was 10.46 and I was looking for a bit of a larger 3 wave pullback than we ended up getting but it's well within expected model norm.
I count the current wave that began on the 3rd as being 5 of 3. So it will probably peak a bit more tomorrow and then have a nice pullback and then do wave 5 of 1 somewhere in the mid to high 12s. Then you wait for a nice 3 wave pullback and then jump in with confidence because this thing has had the crap beaten out of it, you a buying the dip, not the spike and 5 waves up means you get at least 5 more after that even if it turns out to be an a-b-c retracement. Them's the odds folks. Keep the odds in your pocket and the money will follow.
I count the current wave that began on the 3rd as being 5 of 3. So it will probably peak a bit more tomorrow and then have a nice pullback and then do wave 5 of 1 somewhere in the mid to high 12s. Then you wait for a nice 3 wave pullback and then jump in with confidence because this thing has had the crap beaten out of it, you a buying the dip, not the spike and 5 waves up means you get at least 5 more after that even if it turns out to be an a-b-c retracement. Them's the odds folks. Keep the odds in your pocket and the money will follow.
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