Quote from: chessnut on February 15, 2015, 11:47:39 AM

Quote from: podyx on February 15, 2015, 11:42:49 AM

How low you think we'll go? Do you think we'll go sub $220 and proceed to head down to 100? Or do you think we go something like 267-242-280 and then down?

too early to tell m8. if this is the beginning of the next grand wave down, then I think we may go as low as $150-$70. It might take days before we can consider if this is a continuation or consolidation.

Serious question, but what price point would you consider your current wave count invalid and reassess it?

I think a move to mid $100's is possibly (imho unlikely) but wouldn't that be a terrifying capitulation point for all those - like me - that think the bear market may finally be over!?