The Point Of Recognition
I am going to have to keep things short on this cool rainy alpharetta day. As most of you have probably figured out, I like to spend a fair amount of time in the woods on streams and ponds fishing for various species of game fish. There are some risks involved with this process and one of them is venemous bites from spiders and snakes. I have already been nailed by spiders a couple of times this spring but they were minor wounds. Sunday morning I felt a sting on my ankle and since that time my bite has progressively worsened. My ankle is all swollen up, red and purplish, and I have some limited mobility. I have set an appointment with my Dr. this morning to get this checked out and make sure it's not a brown recluse bite . Considering you pretty much have to point a gun at me to get me to a Dr.'s office you know that I am concerned. I also have the Spoon show tonight and I do not want to have that screwed up due to a lousy spider bite. My assistant Sarah has informed me that I should panic if they mention the word CroFab. I will let you know what happens, and I will hopefully fill you in on the results of the Spoon show in tomorrow's blog.
While we did raise prices on US Open on Friday and did not touch them yesterday we have lowered our offers and people seem to be readily accepting them now. This is a bit of change because for the last few weeks we have mostly been stealing our tickets at prices much lower than our offer price from certain online venues, while all of the sellers calling have been scoffing at our offer price. Well I guess now we have reached what my former boss, Robert Prechter of Elliott Wave International(www.elliottwave.com), would call "The Point of Recognition." The Point of Recognition in Elliott Wave terminology is the point at which the majority of participants in the market have recognized what the trend is. The Point of Recognition occurs in wave three of the five wave Elliott cycle. The third wave is always the longest and strongest of the five waves with either the most intense selling or buying depending on which way the market is moving. What we are seeing now is a market where we were making much higher offers to the sellers and they were laughing at us for a period of several weeks and now we are making much lower offers and they are taking them. Maybe, the sellers have tired of trying to unload on eBay at unrealistic prices and have tired of calling ticket brokers and receiving what they thought were low ball offers and now are ready to accept any offer? If we are at the point of recognition then this market definitely has room to move to the downside.
I am a huge music fan and my friends will tell you that I like all kinds of music; bluegrass, classic country, rock, blues, alternative country, alternative rock, jazz, latin, asian, etc. etc.. However, there are types of music I do not like such as most Rap or Hip Hop, Dance Music, or certain Rock music that I deem to be just to heavy to be art. There is a band out there called System of A Down(www.systemofadown.com) that has a new record out. I have never been a fan of their music and it is definitely not the type of music I would listen too. However, I saw them on Saturday Night Live recently and they played a song from their new record entitled BYOB(bring your own bomb). While this song is certainly anti-war and anti-bush, which I disagree with, I tend to look past artists political leanings because if I did not there would be no music to listen to. Anyway, this song BYOB is one of the most unique and disturbing songs I have ever heard and I like it. I remember seeing it through to the end on SNL and standing up and remarking about how disturbing it was but that for some reason I liked it. Since that time I have heard it on internet radio several times and I continue to like it. This band is doing something that most bands can not, which is to create a sound all their own, this my friends is the mark of true artistry. Most bands simply copy the sound of someone before them, and there is nothing wrong with that, but these guys have created something all their own like Rage Against The Machine or The Red Hot Chili Peppers. While System is not my normal cup of tea I must give them credit as being great musicians because they have disturb me and I seem to love it.
Until Tomorrow - Adios
While we did raise prices on US Open on Friday and did not touch them yesterday we have lowered our offers and people seem to be readily accepting them now. This is a bit of change because for the last few weeks we have mostly been stealing our tickets at prices much lower than our offer price from certain online venues, while all of the sellers calling have been scoffing at our offer price. Well I guess now we have reached what my former boss, Robert Prechter of Elliott Wave International(www.elliottwave.com), would call "The Point of Recognition." The Point of Recognition in Elliott Wave terminology is the point at which the majority of participants in the market have recognized what the trend is. The Point of Recognition occurs in wave three of the five wave Elliott cycle. The third wave is always the longest and strongest of the five waves with either the most intense selling or buying depending on which way the market is moving. What we are seeing now is a market where we were making much higher offers to the sellers and they were laughing at us for a period of several weeks and now we are making much lower offers and they are taking them. Maybe, the sellers have tired of trying to unload on eBay at unrealistic prices and have tired of calling ticket brokers and receiving what they thought were low ball offers and now are ready to accept any offer? If we are at the point of recognition then this market definitely has room to move to the downside.
I am a huge music fan and my friends will tell you that I like all kinds of music; bluegrass, classic country, rock, blues, alternative country, alternative rock, jazz, latin, asian, etc. etc.. However, there are types of music I do not like such as most Rap or Hip Hop, Dance Music, or certain Rock music that I deem to be just to heavy to be art. There is a band out there called System of A Down(www.systemofadown.com) that has a new record out. I have never been a fan of their music and it is definitely not the type of music I would listen too. However, I saw them on Saturday Night Live recently and they played a song from their new record entitled BYOB(bring your own bomb). While this song is certainly anti-war and anti-bush, which I disagree with, I tend to look past artists political leanings because if I did not there would be no music to listen to. Anyway, this song BYOB is one of the most unique and disturbing songs I have ever heard and I like it. I remember seeing it through to the end on SNL and standing up and remarking about how disturbing it was but that for some reason I liked it. Since that time I have heard it on internet radio several times and I continue to like it. This band is doing something that most bands can not, which is to create a sound all their own, this my friends is the mark of true artistry. Most bands simply copy the sound of someone before them, and there is nothing wrong with that, but these guys have created something all their own like Rage Against The Machine or The Red Hot Chili Peppers. While System is not my normal cup of tea I must give them credit as being great musicians because they have disturb me and I seem to love it.
Until Tomorrow - Adios
posted by www.alphatickets.com at 9:55 AM
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