Ewj: elliott wave

Yes they would affect the bullish trend of the World Stock Markets. :) The Great Depression Episode II is coming. :eek: You and Me out of work! :(
You would like that to happen! :confused: No Bid all over the World. No trading whatever. :mad:
Elliott said Grand Super Cycle Correction will be in 2012. :D
It may come in 2008, only 4 year early. :cool: If you like.
Quote from tradingjerry:
hey but wouldnt the impeding recession and the news about the end affect the bullish trend?
 

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Quote from mu200411:

Don't know why P&F is still bullish! :confused:

http://stockcharts.com/def/servlet/SC.pnf?chart=$SPX,PYTADANRBO[PA][D20080301][F1!3!!!2!20]&pref=G
we closed above the 2/07 2/22 trndline which on fri was at 1330, thats bullish if you ignore fundamentals and mrkt sentiment and if spus drop from 1389 to 1325 in 2 days thats usually oversold, i think its only bullish for a short bounce
 
Can't comment on that, Susan. I'm sorry.

Quote from mu200411:
EWJ: Elliott Wave J……….
This thread is started by Elliott Wave newbie. This is not intended for serious technical analysts or traders. Just for fun. The wave counts will be changed frequently as Frost and Prechter wrote in the Elliott Wave Principle, 1978 : “we will be the first to discard our predictions if the waves tell us we must”.

Posted by mu200411 on 09-27-07 08:29 PM:
(Disclaimers : For Educational Use Only :http://www.minyanville.com/company/disclaimers.htm)
 
Some fundamental support for a technical rebound.

Libyan: OPEC won't alter production. :)
http://money.cnn.com/2008/03/02/news/international/bc.apfn.opecmeeting.ap/index.htm

Interest rate cut again? :)

Airbus CEO frets about strong euro - report :)
http://money.cnn.com/2008/03/02/news/international/bc.apfn.germany.airbus.euro.ap/index.htm
Northrop-EADS group wins $35B Air Force contract

High EUR/USD is good for US economy in the long run! :cool:
 
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