Rally Shmally

Now the Elliot Wavers are talking about a Wave 3 "extension" to the downside...sort of funny I think, but I've a twisted sense of ironic humor.

My story has not changed one bit this whole past week.



I got rid of my buy orders for TWM (ultrashort Russell) yesterday because I didn't like the risk/reward anymore. So a semi-decent rally into yesterday's broken support would be just what the doctor ordered for me: a chance to get short again with a better risk profile!