Ewj: elliott wave

[Landis82]

This smacks of the "X" wave that lead us out of 1974, which connected two Zig-Zags.

If this is the case, and a major LOW was set forth in 2002, as well as March of 2009, then Prechter and all of his P3 "Kool-Aid" drinking buddies (read Hochberg) are going to be sorely disappointed and lose the few remaining subscribers that they have.

 

[mu200411]

Sell Signals again
May be real this time .

 

[elovemer]

... if this is indeed the larger degree wave

meaning we are in wave 5

then wave 1 equals wave 5 at 1300 .... something to be ready for

 

[elovemer]

above 1300 .... we are going to 1360 minimum

Quote from elovemer:
... if this is indeed the larger degree wave
meaning we are in wave 5
then wave 1 equals wave 5 at 1300 .... something to be ready for

 

[mu200411]

Complete count at measured move.
Better be-aware

 

[snowrider]

Quote from mu200411:

Complete count at measured move.
Better be-aware

I agree that a big bearish impulsive wave will occur very soon. The bullish wave count in daily chart is ending and so is the intraday hourly chart.

 

[elovemer]

what he means is ...

a.... (POSSIBLE)... complete count at measured move.
elliott wave is NEVER a sure thing.

if the trend continues... which is what trends do...
... then it will be a complete count... only temporarily

don't discount the trend which is the most important indicator there is.

just my 1 shillings worth. : 0 )

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Quote from mu200411:
" Complete count at measured move.
Better be-aware "
-----------------------------------------
I agree that a big bearish impulsive wave will occur very soon. The bullish wave count in daily chart is ending and so is the intraday hourly chart.

 

[elovemer]

of course... you could also be 100% correct

but trends tend to trend whereas counter-trend moves tend to end

Quote from snowrider:
I agree that a big bearish impulsive wave will occur very soon. The bullish wave count in daily chart is ending and so is the intraday hourly chart.

 

[elovemer]

here is the measured move i am looking at

 

[snowrider]

Quote from elovemer:

here is the measured move i am looking at

Glad that we are on the same page. Please see my count of SP's possible target:

http://www.elitetrader.com/vb/showthread.php?s=&postid=3062173#post3062173