Ewj: elliott wave

NASDAQ leaded the Markets below October 28, 2008 low, SPX followed, then all hells broke loose :eek: :mad: .
Edit:
265, 28, 18 points to target :) .
Dow target should be changed to 7800 .
Note the characteristic Final Parabolic Curve.

DJIA 7,994.09 -288.57 -3.48 8,410.73 7,965.42 189,639,650 1:05 PM
NASDAQ 1,434.08 -65.13 -4.34 1,513.36 1,428.54 1,125,798,358 1:05 PM
SP500 822.83 -29.47 -3.46 867.09 818.69 n/a 1:05 PM

Quote from mu200411:11-13-08 07:49 PM

If October 28, 2008 (28, 27, 24) low is broken we have to re-label the present wave as 3)5.3 or 3)5.1:3 and this Bear Market may end at 7700, 800, 1400 or 6200, 650, 1100 :eek: .
More...
 
It seems elovemer has precisely describe the Market action in advance :cool: .
UP to 855-858 first .... DOWN to 838 .... then bloody :eek: ...... :D .
Quote from elovemer:11-13-08 08:48 PM

.....watch bloody 838 for a 127% bloody extension on the bloody M pattern.....
...if we can get up to 855-858 first....
....edit....got it....now watch for 838...possibly in the first hour
More...
 
...my bloody M morphed into a bloody W....for the bears...
...but that 2 hour count fits this blood letting action
Quote from mu200411:
It seems elovemer has precisely describe the Market action in advance :cool: .
UP to 855-858 first .... DOWN to 838 .... then bloody :eek: ...... :D .
More...
 
We may be getting our expected 600, 60 ,120 points rebound, albeit from a much lower start :eek: .
Fifth wave at the resistance trendling. There may be some pause here :( , then another measured move UP :D .
 

Attachments

You must log in or register to reply here.
Back
Top