Ewj: elliott wave
- Thread starter mu200411
- Start date
There isn't a MAJOR Bradley Siderograph cycle until Dec. 14th - Dec. 15.
That having been said, Rosecast.com has come up with a Nov. 12th date
http://www.rosecast.com/bradley08.htm
Sure like that 5=1 on the SPX Weekly Chart.
Quote from ed:
Time to revisit this "flat" option?
I think the triangle count (since Oct 10th) is now less likely....
Let's see if SPX holds at 850, and if it does, to lookout for a W1 up....
I think we've been bullish the last session... so I thought I'll take a look at what bearish scenario can happen before the bull is unleashed....
Maybe this flat w4 can happen?
Target SPX 806.98.
SPX 120min
.Elliott's 2012 End of Grand Supercycle may be right .
We are seeing Giants falling one by one :eek: .
GM is at 60 years low, i.e., 1949, just at the beginning of the last Supercycle Wave.
Why GM can't survive bankruptcy
Some companies use the courts to reorganize and come out stronger. That would be difficult for GM, experts say.
By Chris Isidore, CNNMoney.com senior writer
November 13, 2008: 5:38 AM ET
http://money.cnn.com/2008/11/13/news/companies/gm_bankruptcy/index.htm
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Posted by mu200411 on 08-17-07 04:38 AM:
If he did, he would have a more optimistic view. He may forecasted that Cycle Wave IV would be equal to Cycle Wave II which dropped 43% from the January 1966 high of 1001.11 to October 1974 low of 570.01 or 50% or 61.8% (a fibonacci retracement).
So the end of Cycle Wave IV may be forecasted to drop 50% from ~10600 or ~14400 to ~5300 or ~7200 in 8 years. Cycle Wave V may be equal to Cycle Wave I and rise to 33,000 or 44,800 in 1949 + 71 = 2020, the time when oil reserve is very low. Boeing Co., Exxon Mobil Corp., General Motors Corp. and United Technologies Corp. might have gone out of business.
.We are seeing Giants falling one by one :eek: .
GM is at 60 years low, i.e., 1949, just at the beginning of the last Supercycle Wave.
Why GM can't survive bankruptcy
Some companies use the courts to reorganize and come out stronger. That would be difficult for GM, experts say.
By Chris Isidore, CNNMoney.com senior writer
November 13, 2008: 5:38 AM ET
http://money.cnn.com/2008/11/13/news/companies/gm_bankruptcy/index.htm
--------------------------------------------------------------------------------
Posted by mu200411 on 08-17-07 04:38 AM:
If he did, he would have a more optimistic view. He may forecasted that Cycle Wave IV would be equal to Cycle Wave II which dropped 43% from the January 1966 high of 1001.11 to October 1974 low of 570.01 or 50% or 61.8% (a fibonacci retracement).
So the end of Cycle Wave IV may be forecasted to drop 50% from ~10600 or ~14400 to ~5300 or ~7200 in 8 years. Cycle Wave V may be equal to Cycle Wave I and rise to 33,000 or 44,800 in 1949 + 71 = 2020, the time when oil reserve is very low. Boeing Co., Exxon Mobil Corp., General Motors Corp. and United Technologies Corp. might have gone out of business.