yes, but under EWT rules there is no correction wave constructed of 5waves…pure theory, nothing more:) but it's not too important thing. you made very brave prediction it is helping me, and thanks for it. cheers!
I'll get right on that Moon… (rubbing crystal ball). I give Brown a 50% chance of winning! LOL.
Seriously though… I wish we would “move away from Socialism”, but the evil forces are pretty well in trenched in the system. It's going to be an up hill battle to defeat them. I'll cross my fingers though…
Nice stuff red – any possibility a Brown win tuesday might alter things? Think it might spur a big rally since it would be percieved as a move away from socialism.
Great chart Jigsaw. That clearly shows that the Retailer's broke the trend line. Now all we need is another close outside it to confirm the down trend.
I only gave a possible EW count, as it's always easier to go back and make the counts fit… then to predict them going forward. It has it's place, but it's not always accurate.
But then again, what do I know? I'm not an expert in EWT.
Here's the chart I posted on a few other blogs that ads to your therory that earnings may be less then expected. Looks to me like it's beginning to break down now RTH – http://screencast.com/t/YWQ1MjAwN
http://iamfacingforeclosure.com/blog/2009/10/26…
Alt- crisis postponed? for another two years?
yes, but under EWT rules there is no correction wave constructed of 5waves…pure theory, nothing more:)
but it's not too important thing.
you made very brave prediction it is helping me, and thanks for it.
cheers!
I am! very perceptive of you
Heres to 450 S&P then we can fix this train crash and move on
I'll get right on that Moon… (rubbing crystal ball). I give Brown a 50% chance of winning! LOL.
Seriously though… I wish we would “move away from Socialism”, but the evil forces are pretty well in trenched in the system. It's going to be an up hill battle to defeat them. I'll cross my fingers though…
Nice stuff red – any possibility a Brown win tuesday might alter things? Think it might spur a big rally since it would be percieved as a move away from socialism.
I'm a fan of Gerald Celente. He tells it like it… calling a crook a crook! LOL!
Great chart Jigsaw. That clearly shows that the Retailer's broke the trend line. Now all we need is another close outside it to confirm the down trend.
I only gave a possible EW count, as it's always easier to go back and make the counts fit… then to predict them going forward. It has it's place, but it's not always accurate.
But then again, what do I know? I'm not an expert in EWT.
“Primary Wave 2 Bear Market Rally with a 5 wave pattern completing it”
if we use EWT, than 2,B and 4 are 3 wave corrections, not impulses.and if we get 5waves from bottom,(666 SPX) then I would expect more highs to come.
but very, very nice work!
excellent!
Here's the chart I posted on a few other blogs that ads to your therory that earnings may be less then expected. Looks to me like it's beginning to break down now
RTH – http://screencast.com/t/YWQ1MjAwN