Wednesday, April 27, 2011

4/27 11:00pm

Holding silver short stop 48.77.

1 comment:

  1. Steve,
    Here is a little background on the counts I am talking about.
    I perform the counts myself in excel on daily, weekly, monthly timeframes. I've found that when two timeframes line up and combinations of both setup and countdown are especially powerful. This system hit the flash crash, the Oct 2007 high, the March 2009 low.
    I've gone flat now looking for either retest of neckline (1343ish) or gapfill (1313ish)on the S&P. I believe there is non-zero risk we run up to 1410-1420 before mid-May. It sounds so high, but only another 5-6% away. All those counts line up at end of May on a monthly basis. It said to sell silver on Monday too. I hope that helps.