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IPE. So much for the Information part.:confused: It's time to Plan the stops, to enter and exit the Market.:cool: Have a good Execution on Monday.:)

By watching the Dow! The Dow is the final result of the fight between bulls and bears, the subprime trendline and the F's support level (Fed and Fibonacci), the short SMA and the long SMA, etc. The Fed has raise the support line (of the Big Banks to their subsidies) from 10% to 30%, that...

Go with the Winner? The answer is. Whoever wins, whether the Fed and the long term investors, i.e. big banks, or the sub-prime trendline and the horde of traders and small investors, go with them. How do we know which side wins?

Which way to go? We have seen Google Earth Map, country map and street maps of the Dow. The Dow has only three ways to go, Up, Down or sideways. From the upward entrance, we see the sub-prime people, the short-term and medium-term investors running out. From the downward entrance we see the...

Elliott Wave Guess2.:cool: Intermediate Wave V)V1]3) ended on July 19th, 2007. We have seen Minor Waves V)V1]4)a and b. Minuette Wave V)V1)4)c.a is a three, so Minor Wave V)V1]4)c may turn out to be a triangle, ascending or horizontal or descending. Three more guesses!!! These guesses will...

To count an incomplete wave is not a good practice, because it is prone to error. It may be just Elliott Wave Guessing, not Elliott Wave Counting. Let's play a guessing game. Elliott Wave Guess1. "Waves 1 (9 sub-waves) and 2 (3-3-5? to 13,380?{edited}) are waves of Minor degree by date...

Errata: End of wave 2 should be < 13,380 not 13,480. wave 2 < 13,235.8799 + (13,236.1299-13,090.8604) = 13,381.1494 Wave Minuette 3 < Wave Minuette 1 so Wave Minuette 5 should be < Wave Minuette 3. (Wave 3 must not be the shortest wave). S&P wave 2 < 1462.50+(1464.0699-1445.5500) =...

S&P 1,479 = end of wave 2? = NASDAQ 2,585.

July 19th, 2007 may be the end of wave V)V3] or V)IVb]. This is the third wrong count. 070719-wave1-070803-wave2-070824?-wave 3? Waves 1 (9 sub-waves) and 2 (3-3-5? to 13,480?) are waves of Minor degree by date, but of Intermediate degree by size. Wave 3 may be >1000.

In the 1987 Black Monday running correction of the newbie, the ratio of Intermediate Wave V)III3]c) to V)III3]a) is [1-(2,344.31/3,024.26)]/[1-(1,616.21/2,746.65)] = 0.5462. In newbie's alternative count 1, Cycle Wave V)IV is a running correction, if the ratio is about the same, Primary Wave...

At this moment, there is no way to predict how the market would turn out by using the Elliott Wave Pattern. This is the weak point of the Elliott Wave Principle. Those who expect a tool to foretold every moves of the market should leave Elliott Wave Principle alone. But this is also the strong...

The second alternative is a Cycle Wave V)IV running correction. Primary Wave V)IVc] may ended around Dow 10K. This alternative will be invalidate when Dow rises above 14,121.04 or drops below 7,181.47. The third alternative count is the most bearish. Cycle Wave V)IV is an irregular correction...

I have 3 alternative counts for the 2000 - 2007 segment. At least 2 are wrong and the last one may be wrong too. The first alternative is the most bullish. Cycle Wave V)III ended on March 12th, 2003, and Intermediate Wave V)V1]3) has just ended on July 19th, 2007. After Intermediate Wave...

The October 2000 Forum might have predicted the Cycle Wave V)IV to end 43.06% lower at Dow ~ 6,780 in about 94 months or ~ November 2007 about the same size and duration as Cycle Wave V)II. The low of Cycle Wave V)IV to date is 7181.47, a retracement of 39.69%, and 33 months away from the top...

The World Forum of Elliott Wave Counters should have planned for "The End of Cycle Wave III Convention" at the beginning of the last Primary Wave 5] in October 1998, and set the date of the Convention to be 6 months, equal the length of wave 5]1) + 5]2), after the beginning of the last...

Is Black Monday 1987 Correction qualified for a Cycle Wave IV Correction? It retraced 41.16% in 2 months, while Cycle Wave II retraced 43.06% in 94 months. Size is OK, but time is not OK. 2 months may be too short for a Primary Wave Correction too. The sequence...

The segment between 1974 and 2000 is very challenging for a newbie. There is no clear wave pattern, so I make some measurement. Wave 1949-V)I1]-1952 moves up 83.70%. Wave 1952-V)I3]-1953 retraces 13.79%. Wave 1953-V)I3]-1961 moves up 191.43%. Wave 1949-V)I-1961 moves up 623.28%. Wave...

Let me begin with the easy one, the 1949 - 1974 segment. I see waves running in two directions, 9 waves up and 5 waves horizontally, so I count them V)I1],2],3]1),2),3),4),5),4],5] and V)IIa],b],c],d],e]. V) = Supercycle Wave, I = Cylcle Wave , 1] and a] = Primary Waves, 3]1) = Intermediate Wave.

There should be World Forum for Elliott Wave Counters that every prominent Elliot Wave Followers convene after every 2 Cycle Waves to settle the differences and agree upon a consensus wave count for the day and a consensus prediction for another 10 years in order to regain the credibility of the...

I like long wave, especially the Millennium Wave, because no one would wait to proof me wrong in the year 2525. But who would like to proof Elliott is right have to wait until 2012, because he said that "there will be no correction as big as that in the year 1929 before 2012". Small waves are...