Ewj: elliott wave

Quote from mu200411:

Wave five is treacherous :eek: .
Sometimes it extends, sometimes it fails, sometimes it doesn't show up at all :confused: .
This time it extends :) .
Next target may be 875.

Wicked, evil, scheming, treacherous.... wave 5s they are..... :D

May have just ended at 870... :D
 
Thanks Mu,

That's nice.... :)

Looks like the ES wants to climb some more.... Next target would be 872, followed by a downward move to 851.... :D

PS: My charts are starting to get cranky and they always happen as a prelude.....
 
877 Spx high from early feb/late jan. Little double back then. She if she wants to make it today. 877 was the top right before the waves down to the 666 low

Edit- well I should be more precise, the market just sure was. 877 was late jan, 875 early Feb. Today she made it to 875 and retreated.
 
Quote from ed:

Thanks Mu,

That's nice.... :)

Looks like the ES wants to climb some more.... Next target would be 872, followed by a downward move to 851.... :D

PS: My charts are starting to get cranky and they always happen as a prelude.....

Not too bad... ES turned down at 871.75.... :D

Now to see if 851 is a good target :)

Seems like my "charts failure" indicator is pretty reliable.... :D
 
So Wave 3.3:3iii ended right on target of 875 .
After the 100, 10, 20 points correction there may be another measured move UP to 8225,886,1700 :) ,
if there is wave five as expected :confused: .
 

Attachments

Thanks ed,
for more wave 5s' descriptions :D .
mu.
Quote from ed:04-18-09 02:10 AM
Wicked, evil, scheming, treacherous.... wave 5s they are..... :D

Thanks Landis,
for the good reference on ED's and LD's :) .
mu.
Quote from Landis82: 04-17-09 02:23 AM

Anyone still trying to short this move???
:D

http://blog.afraidtotrade.com/

Neat little discussion on Cory's website about ED's and LD's. Seems to feel that we are still in Wave A of the LD.

There is some amazingly strong ROTATION in this market. Pretty damn bullish action!
 
Quote from mu200411:

Thanks Landis,
for the good reference on ED's and LD's :) .
mu.

No problem.
Looks like we've got a record breaking 6 week advance on our hands and +28%!!!

I wonder if Glenn Neely is still looking for a "crash" of some sort . . . Anyone know?

And does anyone know if Mup no longer has internet service? :D
 
Thanks for all the messages :)

I've been on easter vactation recharging the batteries..... I'm sure I posted it some where :D
 
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