Ewj: elliott wave

Status:
Short position closed near 70,7,14 points down move when there was a lower low and long position opened. Long position closed when v = iii and there was a lower low.

Scenario 1:
Minute Wave .2 had ended at around -820.3,-73.8,-135.86 below September high. Subminuette Wave i or Microwave .i-.v is was 273.9404, 28.88, 99.27 points long. Subminuette Wave ii or Microwave .á, .â and .ã was 212.5703, 29.47, 77.1099 points long.
Subminuette Wave iii is ending as an ascending wedge.
Strategy 1.
Open short position when microwave iii.v ends and there is a lower low below the support ling of the ascending wedge.

Scenario 2.
Minuette Wave .1:1 had ended at around -820.3,-73.8,-135.86 below September high. Monday - Tuesday Wave was Minuette Wave .1:2, had shown Subminuette Wave .1:2á, â and ã
and was 273.9404, 28.88, 99.27 points long.
Minuette Wave .1:2 may be ending as an ascending wedge in Subminuette wave c.2:cv
Strategy 2.
Open short position when when Microwave c.2:cv.v ends as an ascending wedge and there is a lower low.
 
Quote from mu200411:

To Mup & elovemer

I think the worst case scenario is -820.3,-73.8,-135.86 points down from the last Friday high in the Dow, SPX, NASDAQ respectively, i.e., 12939, 1450, 2674.
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same analysis as you... critical times

would love to get down below those august lows to load up a long position to hold for the last wave of this bull market.
 
I see where you coming from on the Measured move targets of C=A measured from B....:)

However if the SPX/INDU are in a wave ii of an ED, then odds on,C will measure 61.8% to 88.6% of A

:)
 
And in June 2008 the Market would be around
(1.4391=13806.7,1535.28,2804.19,91.86)
1.7=16309.77,1813.61,3312.57 and crude at 108.51.:eek:
by simple math.

This would be the Best Case Scenario.
 

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The answer to the question "How?" begins to surface.
Last Updated: Saturday, 27 October 2007, 06:37 GMT 07:37 UK
Biofuels 'crime against humanity'
By Grant Ferrett
BBC News
http://news.bbc.co.uk/2/hi/americas/7065061.stm

Quote from mu200411:

The Cycle Wave A]I)I will retrace most of the Cycle Wave V]V)V and may go down to the beginning of the Cycle Wave V]V)III.
During the retracement to the 1974 level, world population dwindles from 6.6 billions now (July, 2007) to 4 billions.
(http://en.wikipedia.org/wiki/World_population)

The question "Why?" is easy to answer. Today Oil accounts for 40% of world energy consumption. That is to say 100% of today world energy is supporting 6.6 billions. 60% of today world energy will support only 6.6*.6 or ~4 billion people.

The question "How?" is too scary to contemplate.
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Interesting Crude Oil Wave Count.:cool:

Crude Oil may be in Cycle Wave V)III and ending at $108, but the wave can be extended and Crude Oil goes to $200.:( Why this time is different? At the peak of Cycle Wave V)I China was an exporter of crude oil to some friendly country and OPEC could but would not increase crude oil production.:mad: This time China is a big importer of crude oil and OPEC would like to increase crude oil production but could not.:eek:


Quote from The Kin2: 10-29-07 10:31 AM
Futures Trading ›› Energy Futures ›› Oil to $100 before the end of week!
Inflation_Adj_Oil_Prices_Chart.jpg
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Quote from mu200411:

Short position opened. Set stop at the last high.
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how can you fill 86 pages with this total TA bullshit? I am scratching my head. Sure, oil 200, why not 2000? Are you guys joking? But well, good to have the losing guys hang on to something to believe in, otherwise they would give up much earlier, harder for the rest to make money.

Good luck!!! And thats really what you need!!!
 
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