Oh, by the way...

With regards to the last post...

Does anybody read Jamie Saettele of FX Daily? Well, check out this eerie article he did April 30th based on Elliot Waves. Equities (and the EUR/USD) had barely made their move when he wrote this. Scroll 3/4 of the page down and pay particular attention to where he said equities would go back then, and where it will go now...ouch!

Scary how much he's got right so far. I trade Forex, so it doesn't really matter. But, for the person who is looking to chase the market here...just be careful, and look for 4 hour or daily closings above the price points that Jack Steiman discusses in the last post before deciding to get in (Nas 2015 and S+P 1036.)