Ewj: elliott wave

[elovemer]

1360 could be another chance to get long

 

[mu200411]

Wave five is tracherous. Sometimes it doesn't show up, sometimes it fails but this time it extends again and again :eek: .
This can be wave c or wave 1) of 3]. Wave 1 psychology is uncertainty. Wave c psychology is like wave 3, i.e., everyone agrees that the Bull Market will continue.

 

[mu200411]

Global markets show the same pattern. They should go UP or DOWN together.

 

[mu200411]

Gold rebounds from Wave 4 and is making a new high .
If so Gold may go UP to $1580 :eek: .
If not there may be a "Head and Shoulders",
and Gold may fall to $1158 .

 

[mu200411]

Oil chooses to go another wave UP
We may see $100 crude oil before $60 .

Quote from mu200411:01-30-11 11:38 AM


Not sure whether this is the end of Wave IVb]c)3.5 or Wave IVb]c)5?
So Oil can go UP one more wave to $100 before
going DOWN to $60 .

 

[mu200411]

End of Wave subwave 5 of subwave 5 of wave 5 .
Looks like Global markets are going DOWN together .

Quote from mu200411:02-19-11 08:29 PM


Global markets show the same pattern. They should go UP or DOWN together.

 

[mu200411]

Crude Oil @ $100 as expected .
But wave five is tracherous, sometimes it doesn't show up, sometimes it fails, sometimes it extends again and again :eek: .

 

[elovemer]

we got a close below daily 20sma

here comes the bulls... all dressed in horns

 

[elovemer]

wave 3 can't be the smallest.

 

[mu200411]

Long-time rulers of Egypt & Tunisia toppled.
What degree is this correction? What's next? .
Looks like a Right Shoulder is forming :eek: .

Quote from mu200411:08-18-07 07:58 PM


At the ends of Primary Wave corrections many individual investors have gone broke.
Cycle Wave usually ends with bankruptcies of many companies and some governments.
Supercycle Wave ends with collapse of some countries or economic systems.
Ruling classes changed at Grand-supercycle Wave Corrections.
Millennium Wave Corrections ended with the Fall of Empires and civilizations.

Quote from mu200411:08-19-07 01:16 AM


Both Bulls and Bears got killed during 8 - 17 August 2007.

Sentinel Management Files for Chapter 11 Bankruptcy (http://www.reuters.com/article/busi...=RSS&feedName=businessNews&rpc=23&sp=true )

Slave Economy was gone during the Supercycle Wave II).

Capitalist Economy was abandoned in many countries during the final leg of Supercycle Wave IV) from 1946 - 1949, i.e.
People's Republic of Albania, Bulgaria, Czechoslovakia, Yugoslavia, Democratic People's Republic of Korea, People's Republic of China , German Democratic Republic.
The second British Empire began to end on August 15, 1947 when India and Pakistan were granted independence by the United Kingdom.

The casualties of the newbie's Cycle Wave II from 1966 - 1974 are Ethiopia (1974), Cambodia, South Vietnam, Laos, Angola and Mozambique (1975).

Soviet Union Empire and many communist regimes collapsed during the 1987 - 1990 Bear Market. It may be the Cycle Wave IV or just the Primary Wave 4] of the Cycle Wave III?

Quote from mu200411:08-23-08 11:45 PM

Monarchy overthrown in Nepal . Georgia broke up.
Multiple banks failure around the world .
Gold and Crude oil lost more than 20%.
What is the degree of this correction ?