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« Howling at the Moon | Main | Howling at the Count »

Wednesday, April 04, 2007

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novsboi

I agree with Prechter this time- "an impulse down".

"In the major markets this correction is looking more like a flat, rather than a triangle (Neely) or an impulse down (Prechter)."

There is a lot a bad news that still needs to be digested.

-inflation
-limited disposable income,
-maxed out credit,
-shanghai bubble
-trade tarriffs with China,
-foreclosures,
-lower home prices,
-Iran?
-So many more to mention.

Bull Bear I Don't Care

FREE ELLIOTT WAVE FORECASTS OFFER! JUST FOLLOW THESE SIMPLE INSTRUCTIONS.

1. Print "Wave 3 (or C) down is about to begin in __________" on a piece of paper

2. Fill in the blank with your favourite asset class

3. Keep your print out in a handy drawer in your desk

4. On irregular occasion, re-read your piece of paper

Dow Predator

rdneu56 wrote this last week,

"Neely and Prechter provide a valuable service to the Wall Street establishment. As absurd as this statement may look, it becomes plausible when one looks at the exorbitant cost to support the infrastructure of the financial markets. Someone obviously has to pay for this infrastructure. It is paid for in large part by broad participation of the public on the "wrong side of the trade." Following the advice of Neely, Prechter, McHugh and others keeps them there."

WELL....HERE IS WHAT NEELY WOULD ANSWER TO MR. RDNEU56,


-----Original Message-----
From: NEOWAVE, INC. [mailto:neowave@neowave.com]
Sent: Monday, March 05, 2007 5:45 PM
To: RDNEU56
Subject: Re: Read Your Posting

FUCK OFF!!


-----Original Message-----
From: NEOWAVE, INC. [mailto:neowave@neowave.com]
Sent: Monday, March 05, 2007 5:54 PM
To: RDNEU56
Subject: Re: Read Your Posting

GET LOST, LOSER!!!

Shyster McCrook

Mysterious secret: Fibonacci waves!
3 of 5 of 8...
Just like a seashell! Why can't those knucklehead politicians and pundits realize that human progress is three steps forward, one step back?!

Please send $161.18 to

Robert Predcters's Children's College Fund
Steal Your Money with Mystico-Crap
Pseudo-Rational Lane
Georgia, USA

WHY DO YOU IDIOTS DIGNIFY THAT GARBAGE?

Is it for the banner ads?

rdneu56

I guess nobody wants to talk about IPOs. There must be a real money making opportunity there.

yelnick

rdneu56 - EXACTLY!! Aruba goes out, pricing $1 above the range ($8-10) which you could say is $2/$9 = 22% above the midpoint, then pops 29% above that, which is close to a 60% rise above the midpoint - not bad for one days risk! It got up near $16 and is now $13.50, 50% above midpoint and 25% above IPO price. In the meantime we have the typical market creep up before a holiday, which does not impart much information. But the forces that led to the February drop have dissipated, and fears of the subprime debacle have receded. Again, this looks to me like a B wave in a flat.

MHD

I've been told that Neely still thinks we will hit the 1360 area sometime in April. The S&P has already retraced more than 78.6 % of the down move, so a move to 1460 is in the cards. From there, a 100 point down move by the end of April seems as unlikely as his previous 10 predictions. It's sad that people pay money to someone, so they can show you how to lose it!

EN

The best scenario for a resumption of the bull market would be a swing down to test the lows and the 200 day MA in all indices by the third week in April, when some cycle lows are due.

The move back up (so far) has taken 2.62 times the time it took for the move down from Feb. IF we get a move down, and it is equivalent in time to the first swing down, it brings us to about April 18-20 or so. If equivalent in price, it brings us to 200 MA averages when buy programs will be triggered by large funds. That would be a great buy esp. if everybody is all bearish and talking about crashes at the time. As always, we'll see, we'll see. . .

EN

The best scenario for a resumption of the bull market would be a swing down to test the lows and the 200 day MA in all indices by the third week in April, when some cycle lows are due.

The move back up (so far) has taken 2.62 times the time it took for the move down from Feb. IF we get a move down, and it is equivalent in time to the first swing down, it brings us to about April 18-20 or so. If equivalent in price, it brings us to 200 MA averages when buy programs will be triggered by large funds. That would be a great buy esp. if everybody is all bearish and talking about crashes at the time. As always, we'll see, we'll see. . .

A Real Dead Guy

Sun Jupiter Trine 4-10...... Bullish... as we been watching
Next turn
Sun Jupiter Opposition 6-5...Bearish
Bradley Turn 6-14............Low
Mercury Retro 6-15 to 7-10...??

Sell in May and.....

A Real Dead Guy

How could I have forgotten
Jupiter (financial) retro April 6 to August 8
Along with two opposing Sun Jupiter meetings
Aug 2 ...bullish
Aug 8....bearish
and another Bradley turn on the 26th
Volatile summer?... could play well for us daytraders
Good luck... keep watching them waves, looks like there will be a few... maybe a tsunami
:)

troy

gold continue to have good correlation with US markets (liquidity diriven?) I see intact uptrend with trend line support at 64.20 for the gld.

http://globalgold.blogspot.com/

Chelha

Ray Merriman Report
http://www.stariq.com/MarketWeek.HTM
Week of April 9

Review and Preview

Stock markets around the world had a very bullish week. This was not surprising, given that a grand trine between the Sun-Jupiter-Saturn was in effect going into the Easter holiday weekend. As stated last week, “But there are other geocosmic signatures and mundane factors coming up April 5-9 (Jupiter retrograde and Sun trine Jupiter) that make me reticent to get aggressively bearish again just yet. Those can be bullish signatures too, just as Mars sextile to Jupiter on Friday was. Plus that week proceeds the Easter holiday, which gives traders along vacation. My experience is that is dangerous to get too aggressive a stock market that precedes a major holiday…. This coming week will observe the stationary retrograde of Jupiter on April 5, followed by the trine of Sun and Jupiter on April 9. In most instances, these would be considered “harmonious” signatures, and would tend to prop stock prices up, especially as they unfold into the days leading into the major Easter holiday week. Actually, for Easter, the Sun will form a grand trine with Saturn and Jupiter (April 8-9). I don't think it would be wise for traders to take aggressively bearish positions until this configuration ends.”

Silent Crash Holy Crash

When is the stock market crash supposed to start again? LOL

Bears LOL

LOL

Crash imminent LOL

The Bond Bear

I wonder where the bond fairy went?

cstradingman

Market again offering us a great entry into treasuries! Usually it is hard to find good entry points in a bull market but this bond bull market is a traders dream! Good time to purchase some May TLT calls.

Confuseius

cstradingman
You make some good calls and I like the style.
Bull bonds ahoy!
Respect to you from
Sifu Confuseius

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