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« Spiky Market Triangulating on a Direction | Main | Aborted Run on the Dollar? »

Thursday, October 08, 2009

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Eventhorizon

Duncan,

This blog, http://markettime.blogspot.com/, is written by a trainee of Tony Caldero. I have emailed back and forth a little with her. She focuses primarily on the S&P which is a much better index than the Dow.

She does a very good job of NOT having a bias, and she is very diligent.

Thought you might be interested.

ps: STU's count just seems like more of the same EWI clinging to a count until the bitter end (e.g. clinging to the big one down all the way up from 2003 until finally converting to a b-wave in 2007!!!)

min

Yup, That they do. Admitting they goofed is not something EWI does well right there along with getting it wrong most of the time (well at least Prechter and Hochner).

teaf

everybody in the world is watching the dollar/stocks inverse correlation. they talk about it on cnbc all day eventhough it has been the case since 2002. think about it we are late in the game for that trade...

it will decouple imo

Upstart

Like your point, teaf. Also, historically, the long bond is mostly bought when stocks are. Has not held true as much since 1998, but you can look at stock declines like in 1990 and see that T-bond yields rose. T-bonds rose in many big stock declines too, like in 1931-1932 and both declines of the 1835-1859 bear market. Would not be surprised to see that relationship reassert such that bonds sell off when the secondary decline of the current bear finaly comes.

Wavist

Yup, That they do. Admitting they goofed is not something EWI does well right there along with getting it wrong most of the time (well at least Prechter and Hochner).

NOOOO all of them

min

>>NOOOO all of them

Pity!

I make it a point of only mouthing off on things I am completely certain about.

I stopped keeping track of those idiots in early 2005 or so and I wanted to give them the benefit of the doubt.

From what you are saying, it looks like business as usual at good ol' EWI has spread to more people, man what a sham huh?

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