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I just posted some Elliott Wave info,,, on another thread:cool:

Barry definitely put up his hand when asked for a presenter in May. Lets hold him to it. :cool:

May I suggest Adrienne Toghraie. I just attended a 2 day seminar and have really seen a positive change in my trading, and also, a spill over into my private life...all for the better.:p :D

With all due respect, I find this post abit stupid. Have you not witnessed the burst bubble in agriculture, and gold....the last wave 4 for the weekly continuous contract was in the area of $560 - $728. Check out market history before you start soothsaying.

Well said.:cool:

While crude hit a new high to-day, the XLE did not, and the volume on up days is shrinking. I saw this same pattern prior to the gold reversal. As oil gets more expensive, people look to other commodities. There is some science to support the fact that oil may be a renewable resource...

I'm doing the presentation in June. We decided it would be someone else in May. anyways, I'm in. May sure you eat prior to going to this place. Beer's abit expensive so perhaps we'll all order jugs! S.S.:p

I say gold $650 would not surprise me. It is essentially when the majority are so sure of a move, that a reversal takes place....we are in deflationary times, but most people don't believe that yet.

That's an oversimplication. The same argument could be made for housing/real estate/gold/agriculture. Oil is cyclical, and is tied to the USD. Oil was not going up that much, its just that the usd was in a free fall. Oil up to-day, as usd down. usd is heading back up. Oil usage comes down...

People literally pay thousands of dollars to learn the market. You get what you pay for!

I was a raging gold bull for 2 decades...due to the fundamental weakness of the usd, and fiat currencies in general. I don't know that there are necessarily any fundamental reasons for gold's collapse, but I do find Elliott Wave and Gann very instructive in predicting market cycles. Gold is...

Nimble, It helps to hear that other traders do the same thing. We have this view of trading perfectly, and perhaps that is not always achievable. Hopefully, over time, the sloppiness will diminish. I think persistence pays.

AAPL had some great earnings, and it sank afterhours, only to make it up to day. We had good breath to=day on the NAZ and DOW. Plus, the financials are now in this rally.

In terms of time analysis, we are abit early for an all out down trend at this time. I say end of May or so looks more ominous. Banks are moving up nicely, and the SPX was way stronger than I expected. VIX still has downward momentum. Sentiment is just starting to be positive.

Finally, the move down is here. I see a rotation from oil/resource stocks into the financials. The big jump in the usd also helps. I say a nice stock rally is just what the republicans need in this election year.

Well, I guess you're wrong about that. the usd is trending up,and the euro is now shaky at best. remember, the europeans do not want a higher euro, sure it makes gas cheaper, but it harms the GDP, and the central banks would not want that. I say the Fed may well raise interest rates as it...

I am a subscriber and must say that I am happy with this service. I use it. I have gone thru ALOT of newsletters, and this is one of the very few that I find worthwhile. Like your comments on the market. Especially about market breath, which isn't so easy to see on a chart. Now that the...

There were concerns of a strike in ?north sea. oil spill in the far east. and nigerian pipelines have been attacked. I do know that usd is now headed up for the short to medium term, gold has responded to this. Oil should as well. I understand the classic tell tale is an island gap.

I think its helpful to look at when a particular issue occurs. I am surprised at how I repeat the same patterns. One thing that is helping me is hypnosis. I have meditated but prefer hypnosis as its more structured, and I find a deeper experience. I would also like to state that there are...

Just my 2 cents, but I doubt that we will see another rate cut this time around...infact, I expect an increase. Why? People in general, are upset with the price of oil, and increased inflation. To win the election, the republicans have to show some leadership in this area.