Comment by Honest Sarjono on July 22, 2012 at 2:00am

Hi Alex,

Yes, I agree with you.
Because I think it's too late to start a selloff today.

Comment by Peter jcp on July 22, 2012 at 8:19pm

Hi Alex - I think the only negative is that its based on Elliots Wave theory - no disrespect to the theory - but it can just be interpretated in some many ways - I feel that you do need so many other indicators or factors to agree with it - for it to work.

So might be worth waiting until the end of the month and also this next time we would need a proper break back over a minimum 2360 for us to have at least some initial confirmation

Regards

Peter

Comment by Alex Zalts on July 23, 2012 at 9:20pm

Hi Peter, thnks for the comment. I mean Wolf Waves, not Elliot.

Comment by Alex Zalts on July 23, 2012 at 9:33pm

This is my Elliot count.

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