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  1. M

    Ewj: elliott wave

    Now that the Market has rebounded for 7 days up to 50% of the correction, who is the contrarian? He who says the Market will tank again or the one who says the Market will continue rising.
  2. M

    Ewj: elliott wave

    P&F points to Dow 14000 and SPX 1490. Rate cut to 3.0% will make rate freeze easier = no more foreclosure. August cut begins to have some effect (6 months later). Minuette 5)1.3:2 might have ended and there will be no 200 - 400, 20 - 40, 40 - 80 points correction for sometime. Minuette...
  3. M

    Ewj: elliott wave

    Agree with Elovemer. There may be some correction, 200-400, 20-40, 40-80 points on Monday. Then the advance may continue to old targets 5)1.1:3= 12955.4395 1420.7701 2512.3199 5)1.1:3= 13092.7403 1432.5901 2519.2 or new target 4)c= 11645.0498 1270.05 2202.54 5)1.2:b= 12679.2197 1385.86...
  4. M

    Ewj: elliott wave

    Higher Target. After the targets there may be 400, 40, 80 points or 600, 60, 120 points.
  5. M

    Ewj: elliott wave

    Old high target 4)c.5= 11645.6299 1270.05 2202.54 5)1.1:1= 12485.5098 1368.5601 2408.22 5)1.1:2= 12115.5596 1322.26 2306.6399 5)1.1:3= 12955.4395 1420.7701 2512.3199 New high target New 5)1.1:2= 12252.8604 1334.08 2313.52 New 5)1.1:3= 13092.7403 1432.5901 2519.2
  6. M

    Ewj: elliott wave

    Status. Hold long "Long position". Short term: Cut loss when there was a lower low. Buy at -200,-20,-40. Reverse at +300, +30, +60. Reverse again at -100, -10, -20. Open short position to match the short "Long position" near Landis's 21-day MA at +200, +20, +40. Strategy. Close short...
  7. M

    Ewj: elliott wave

    And a-b-c or a 1-2-3? :confused:
  8. M

    Ewj: elliott wave

    Status. Short postion covered at -100, -10, -20 when there was a higher high. Short "Long position" reversed near Landis's 1384 target when there was a lower low and reverse again near close, at the fifth wave count when, there was a higher high. Strategy. Minuette :4 should not invade...
  9. M

    Ewj: elliott wave

    Landis got the high (1384) again. :) Bravo! :D Are you Kevin Landis? Firsthand Technology Innovators Fund Kevin Landis is Firsthand's Chief Investment Officer and currently manages five Funds, including Firsthand Technology Value Fund, Firsthand Technology ...
  10. M

    Ewj: elliott wave

    Status. Short "Short position" was opened to square the short "Long position" at i.v. Strategy. There may be a 150, 15, 30 points correction followed by a 400, 40, 60 points advance to 1390 (near Landis's target) some more correction then an advance to 800, 80, 160 to end at 1420 (near...
  11. M

    Ewj: elliott wave

    Status. Hold long positions. Scenario. Market may advance 250, 25, 50 or 800, 80, 160 points. Strategy. Hold long "Long positions". Trade short term positions as the days before.
  12. M

    Ewj: elliott wave

    Short term position reversed at fifth wave of fifth wave. Reversed again near + 200, + 20 and lower low and again at -70, -7 and fifth wave of c wave and higher high. Another +200, +20 points to go?
  13. M

    Ewj: elliott wave

    Fifth wave of fifth wave. Time to cover short and open long position?
  14. M

    Ewj: elliott wave

    Bearish Engulfing is a bad sign. (Friday) The third RSI below 30% is usually the last one. (Not yet) MACD cross is a medium term buy signal. (Not yet) Ben's one-two punch plus B-P-C's kick start would be good fundamental support. 4)c.5=11644.0801, 1270.05, 2202.54 5)1.1:1=12485.5098...
  15. M

    Ewj: elliott wave

    Indices like stocks. They top out one by one but bottom together.
  16. M

    Ewj: elliott wave

    Intraday. Has wave ii ended?
  17. M

    Ewj: elliott wave

    If wave 5)1.1:2 has ended, there will be a 700, 70, 140 points up move. If not, wave 5)1.1:2 will fall 150, 15, 30 points. Status. Hold long positions. Strategy. Same as before.
  18. M

    Ewj: elliott wave

    RSI, MACD histogram, Volume, Hammer, Bullish Engulfing buy signals are now supported by fundamentals, AAA. Aggressive Aggregate Actions. NATO turn into RDF.
  19. M

    Ewj: elliott wave

    Buy signal? :confused: Another measured move to go. :)
  20. M

    Ewj: elliott wave

    Status. Hold more long "Long position" and some short "Long position" after a few trades. Strategy. RSI, Candle Stick, Volume = Buy signal. Reverse short "Long position" at measured move and fifth wave count when there is a lower low. Reverse position again at 100, 10, 20 points retracement...
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