search elliott


  • Google
Share/Bookmark

Enter your email address:

Delivered by FeedBurner

FlagCounter

  • Where From?
    free counters
Related Posts with Thumbnails

« QE For Kids | Main | GM IPO Driving Short Interest in Tesla »

Monday, November 15, 2010

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

Hockthefarm

Yelnick:

That's quite a return for muni's this century. Wow.

Placed an order today for Gary Shilling's new book:

The Age of Deleveraging: Investment Strategies for a Decade of Slow Growth and Deflation. He appears to like the dollar, the long bond and select energy plays per the Amazon skim. Should be a good holiday read.

If he is right, default should be the main risk for munis going forward. If munis don't default in this environment, they never will. As for Jerry Brown, way too old. A pure political hack. I sat beside MW on a long plane ride about 10 years ago. Was she ever bright. Not sure brains is the answer to California's problems, so the next few years should be interesting.

Good luck with the muni's

Hock

Account Deleted

S&P 500 Futures before opening bell
http://niftychartsandpatterns.blogspot.com/2010/11/s-500-futures-before-opening-bell_16.html

MHD

AS Karl D. says, you are either getting the buy of the century, or will have your head handed to you on a plate!

Roger D.

The JNK Daily

Looking good.

Roger D.

http://www.screencast.com/users/fast996/folders/Default/media/ff8224b8-c774-4598-ae68-6f02b90da592

Neo Tzu

Sharp x-wave rally due next week into the 15 week highs, then the SHARP SLAM down into the Dec. 1 Gann cycle low....

Roger D.

They sure have sold the REIT's with gusto since the top. It looks like the DJR is in a 3rd wave here too with a 4th and 5th to follow. Bernanke, the market is sending you a message...go back to Princeton where you belong.

Roger D.

Neo Tzu

Any traders out there who have ever tried to explain to others what you do for a living will enjoy this....

http://www.xtranormal.com/watch/7107529/

Dsquare

Neo, that count is just dumb IMO.

Neo Tzu

Dsquare, my count is rooted in time and cycles its NOT Prechter Elliott or Neely Elliott.

You'll see how it works when next weeks x-wave rally fails and is followed by an a-wave selloff into early December.

You'll see.

Neo Tzu

This whole Elliott double-three correction pattern that began October 13, 2010 is due to complete December 23, 2010 +/- when the bull market resumes.

I've Been Prechterized

"Bernanke, the market is sending you a message...go back to Princeton where you belong." - Roger D.

Roger,

Perhaps you should go back to working the "Fry-o-Lator" at your local Mickey D's.

You'd be making more money that way than littering this blog with your absurd posts over the last year and a half and missing out on the greatest stock market rally in a generation!

Roger D.

At least I'm not responsible for the gretest fraud perpatrated on a nation inall human history. Quit your fucking dribble and go back into your hole,coward.


To bad you lost your ass today. You should have listened to me when I said this market would top on November 10th. Plus nobody gives a rat's ass about you or me.

It's funny how all you bulls can't be found when the market goes down,but can sure dish it out when it goes up.

GFY I've been fuckitised by Ben Bernanke

Roger D.

Neo Tzu

Since the late August Lows, we have had 5 corrections lasting 1-2 trading days....they are as follows (approximate)

8/31 low = 24+ SPX points
9/23 low = 26- SPX points
10/4 low = 25+ SPX points
10/19 low = 26- SPX points
10/27 low = 24+ SPX points

The Gann Rules for a real CIT (Change in Trend) to down is the decline should last longer than 2 TD and must exceed the largest decline which was that 26 SPX points.

So far the SPX has surpassed the 2 TD and 26 point RULE which means the trend has officially turned to down and you should no longer heavily buy dips, but instead sell rallies.

I plan to AGGRESSIVELY short any rally that appears next week based on the Gann trend and my X-wave count.

KKD

moment of silence for the bulls

http://www.youtube.com/watch?v=p1gfOcrStkc

Goldonomic.com

We warned for a Bond and Treasury debacle already in 2009. After Greece & Co. the US Municipalities sit in deep problems....We're coming out of the eye of the storm and this time BOND holders will be wiped out. Governments have NEVER paid back their debts and this time won't be different.

DG

You should have listened to me when I said this market would top on November 10th.

Why? Anyone who heard you say the market would top on every other day of the preceding 11 months and 9 days would have known you were wrong then, so why listen to you on November 10th? What? Because you were extra-special super-duper absolutely-positively sure it would top? Like the other 300 times you were extra-special super-duper absolutely-positively sure it would top?

Do you have even the slightest clue how pathetic it is to be beating your chest about calling the top when you have hundreds of failed top calls littering the blog? Deluded old man.

Dsquare, my count is rooted in time and cycles its NOT Prechter Elliott or Neely Elliott.

Not sure how you are using "time" per se, but there are definitely uses for it in trading. "Cycles" are WAY too imprecise. Essentially, I don't want to use any time-related variable with a standard deviation. Way too easy to rationalize staying in a trade just one more day and getting whacked as a result or getting out because the cycle's "done" and missing another day of gains.

Also, not that wave theory has a monopoly on Progress Labels, but if you're not using wave theory, how can you call what you have a "count"?

On another note, I know in some quarters it's bad form to quote yourself and how awesome you are, but, damn, I'm awesome! Nailed the high of the range within 7 points. :) This is how you call a top, with one post made within a few days or a couple weeks, max, with a specific price target, not post after post after post.

http://yelnick.typepad.com/yelnick/2010/11/qe-stumbles-at-the-starting-blocks.html?cid=6a00d8341c563953ef0133f5ceb8aa970b#comment-6a00d8341c563953ef0133f5ceb8aa970b

BTW, that XLF breakout does appear to have failed. Although, in the bulls' defense, it is retracing the breakout from 14.50 slower than it happened, at least relative to the last few points of the breakout, so there is still some logical reason to believe that the bullish undertone is still intact. So, yes, we could still go back up.

Governments have NEVER paid back their debts and this time won't be different.

Why would they? Governments are just mafias with better PR. You ever see the mafia pay back debts? Yeah, right, they pay you back with two to the back of the head. Government sends the tax man after you and bleeds you dry, with the same end result.

trendlines

Hang Seng Index: Support at 23000 again

Since the break above 23000, HSI traced out a successful back-test once, before resuming higher towards 25000. An overbought negative divergence created a sharp move lower, coinciding with the dip in the SSEC. Although now oversold on the hourly, the initial support at 22500 did not hold up. Next solid support level is at 23000, with additional help from the rising channel line. A second successful retest might see us range-bound between 23000-25000 for a while, before launching higher towards 27000 area. A break below 23000, will be bearish medium-term.

http://trendlines618.blogspot.com/2010/11/hang-seng-index-support-at-23000-again.html

Frontrunner

November 10th wasn´t the TOP. All indices will today resume the (LAST) upmove to complete the whole upmove from the july bottom. Sorry Roger, wolf! wolf! again and again...

OracleLurker

that wasn't much of a 4th wave if the 5th is starting today...

Frontrunner

Don´t count it as a 4th, give it a better try...

Account Deleted

Dow Jones Futures before opening bell
http://niftychartsandpatterns.blogspot.com/2010/11/dow-jones-futures-before-opening-bell.html

Account Deleted

Dow Jones Futures before opening bell
http://niftychartsandpatterns.blogspot.com/2010/11/dow-jones-futures-before-opening-bell.html

Just watchin

Actually, there is a lot of contempt/anger directed at Bernanke and Greenspan by Idiott Wavers.

If Idiott Wavers were such scientific, impartial students of the world they wouldn't be so angry and bitter and contemptuous.

But they are. And that idiotic appealing-to-morons cartoon recently posted to this site is a perfect example.

Idiott Wave is for people who didn't get the love and approval they needed as kids so they pretend they know so much more than all those other "idiots" out there.

But they're the idiotts. And if they gamble on their idiottic theories they are the poorer for it.

Neo Tzu

Full Moon lows due this week - 15 week highs due next week - 13 week lows due early December....this isnt a wave 4 either, its much more bullish than that once these lows are in.

Neo Tzu

Get ready Roger, my wave count says the SPX is headed above 1850 by 2013.

Neo Tzu

I re-adjusted my c-wave, I dont think its over yet.

Account Deleted

G !!

Do u think market has topped out and this whole rally from March 09 has ended and we are in a C leg (of whatever a Triangle or a FLAT).

Can u please post your Latest count on SNP500.

Thanx in Advance
VB

Account Deleted

DG !!

Do u think market has topped out and this whole rally from March 09 has ended and we are in a C leg (of whatever a Triangle or a FLAT).

Can u please post your Latest count on SNP500.

Thanx in Advance
VB

The comments to this entry are closed.