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Advanced Get periodically updates their views for free on their website.
The username and password are free, but to help all avoid the extra
click, the username is wave3 and the password is elliott. The url for
the site is: http://markets.tradingtech.com/home.html
What they are saying does not make a whole lot of sense right now based
on their count. They say that a new low is not likely and that a 5th
wave failure is possible. They count the bottom as part of an extended
5th wave in a third wave (that is, three waves complete so far). That
means if they get the failure (which they are calling for), they should
revise the count to a-b-c. A failed fifth would not really make sense to
me here (based on their count as shown on the web site) as five wave
moves do not stand alone and their count does not have some sort of
irregular correction to the high. It does not add up to me.
Steve Poser
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