Sorry to disagree, BJ, but I do not for one minute believe that this guy is a 25 year old who has studied Elliott Wave for 6 months and is posting these kind of charts (and Fib levels too).

I think he IS a very sophisticated basher and I feel sorry for anyone who panicked and sold when he posted his magic chart showing that CTIX was going to tank.

I could not post over there that I didn't believe his story for one minute, but I know some people who are eminent experts on Elliott Wave and they all say it took them YEARS of study to begin understanding it. I don't believe that this guy is a newbie. I think he is saying that because when he is proven wrong he can SAY "oh I was a newbie and I told you I was inexperienced in this."

I think he is a HEDGE FUND GUY in his 40's or 50's and trying to scare people out, with a supposedly reasoned approach instead of the stupid "this stock's gonna die get out while you can" absurd posts.