Ewj: elliott wave
- Thread starter mu200411
- Start date
Status.
Short term "Long position" closed and short term "Short position" opened at measured move as said. The latter closed at close. Long "Long position" closed at stop.
Still hold long term "Short position".
Scenario 1.
"No Action, Talk only" from B-P-B. They have run out of ammunitions.
Strategy 1.
Hold long term "Short position". Add short term "Short position" from time to time.
Wait for some fundamental changes, such as Yuan unpeg.
To be contrarian is unrewarding.
The pleasure is just a point in time then new trend follows.
Short term "Long position" closed and short term "Short position" opened at measured move as said. The latter closed at close. Long "Long position" closed at stop.
Still hold long term "Short position".
Scenario 1.
"No Action, Talk only" from B-P-B. They have run out of ammunitions.
Strategy 1.
Hold long term "Short position". Add short term "Short position" from time to time.
Wait for some fundamental changes, such as Yuan unpeg.
To be contrarian is unrewarding.
The pleasure is just a point in time then new trend follows.
I think Landis got the SPX low again.
Bravo!
This is another way to calculate the low:
End of 4)c.3:3ii=13137.8496, 1456.8, 2624.27
End of 4)c.3:3iii=12734.25, 1403.45, 2471.23
End of 4)c.3:3iv=12906.2598, 1430.28, 2527.4199
expected End of 4)c.3:3v=12502.6602, 1376.93, 2374.3799
actual End of 4)c.3:3v=12502.0098, 1378.7, 2407.3899
May be I got the Dow low.
Note:
There was some problem. Could not post before 01-09-08 open.
Bravo! This is another way to calculate the low:
End of 4)c.3:3ii=13137.8496, 1456.8, 2624.27
End of 4)c.3:3iii=12734.25, 1403.45, 2471.23
End of 4)c.3:3iv=12906.2598, 1430.28, 2527.4199
expected End of 4)c.3:3v=12502.6602, 1376.93, 2374.3799
actual End of 4)c.3:3v=12502.0098, 1378.7, 2407.3899
May be I got the Dow low.
Note:
There was some problem. Could not post before 01-09-08 open.
Status.
After some intraday trades, "Long positions" were placed after wave five at a measured move near August intraday low when there was a higher high. Long "Short position" was also closed because an expected 555, 63, 144 points rebound.
Short "Long position" was closed at close because of the fifth wave was counted.
Strategy.
Enter short "Short position" after open when there is a lower low. Reverse position after 100, 10, 20 points correction when there is a higher high. Reverse position again at measured move.
Consider enter long "Short position" too.
After some intraday trades, "Long positions" were placed after wave five at a measured move near August intraday low when there was a higher high. Long "Short position" was also closed because an expected 555, 63, 144 points rebound.
Short "Long position" was closed at close because of the fifth wave was counted.
Strategy.
Enter short "Short position" after open when there is a lower low. Reverse position after 100, 10, 20 points correction when there is a higher high. Reverse position again at measured move.
Consider enter long "Short position" too.
Expect a new Bull Market.
If Intermediate wave 4) is just a simple irregular correction, it might have end yesterday, then
End of 2)=9961.5195, 1136.15, 1889.83
End of 3)=14279.96, 1546.72, 2861.51
End of 4)=12502.6602, 1376.93, 2374.3799
expect a 4318.4405, 410.57, 971.68 points rebound to
expected end of 5)=16821.1007, 1787.5, 3346.0599
The problem is there may be one more down wave.
Who will bring the Market out of the Fundamental mess?
Note:
The problem of Elliott Wave Principle is that some time the last wave was not the last wave and some time the expected last wave does not appear.
If Intermediate wave 4) is just a simple irregular correction, it might have end yesterday, then
End of 2)=9961.5195, 1136.15, 1889.83
End of 3)=14279.96, 1546.72, 2861.51
End of 4)=12502.6602, 1376.93, 2374.3799
expect a 4318.4405, 410.57, 971.68 points rebound to
expected end of 5)=16821.1007, 1787.5, 3346.0599
The problem is there may be one more down wave.
Who will bring the Market out of the Fundamental mess?
Note:
The problem of Elliott Wave Principle is that some time the last wave was not the last wave and some time the expected last wave does not appear.