I think the schedule might have to be moved forward by two or three days. Beginning Feb. 11th, Greek banks will no longer be able to use gov't bonds to borrow. Meaning the EU has effectively begun to cut them off because they know they won't pay back ever. Meaning EU is on track to implosion, since once Greece leaves, Spain, Ireland, Italy and Portugal will all be using the same tactic to either get debt relief or leave the Eurozone.
i could be a little bearish at 409 for the wave 2 correction
MoonTrader
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Just saying, every idea you've ever posted has been bullish and they're usually wrong.
rivet.popper
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Every trader using TA is usually wrong anyway. TA at its best can only recount history. It can never tell you what the future holds.
MoonTrader
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Right, but most traders can use both bearish and bullish ideas in their TA, not just one or the other. user10000's TA never seems to be open to any bearish possibilities.
rivet.popper
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I think it's because he's an investor, not a trader. The timing may be off, but the long-term play is bullish.
rivet.popper
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I don't understand the zigzag you gave to the right of the chart. Is this to scale? Because the timing of reaching 409 by Feb 9th has changed then.
user100000
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it's not to scale. it's just so i don't get lost counting and hopefully you find it helpful too
The showdown (countdown) begins: nytimes.com/2015/02/05/business/tsiprasis-optimistic-for-a-solution-to-bailout-terms-for-greece.html?ref=topics&_r=0