Here's a link to an eye popping interpretation of what's happening and what's likely to happen. This is an audio interview describing an intriguing scenario which could upturn Precter's Elliott apple cart. See what you think.
http://www.howestree...ediaplayer/1304
Here are the charts which accompany this audio interview:
http://www.howestree.../July252009.pdf
Now for something completely different...
Started by
CallMeIshmael
, Jul 26 2009 05:33 PM
3 replies to this topic
#2
IYB
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Posted 26 July 2009 - 07:46 PM
Thanks CMI. This bloke completely speaks my language in terms of the big picture. I like 'im. 
“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.” ― Charles Mackay, Extraordinary Popular Delusions and the Madness of Crowds
#3
inamosa
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Patterns-based Trader and Investor in ETFs and Futures
Posted 26 July 2009 - 10:48 PM
Dave Skarica is a good all-around guy
Been listening to his views for a while and he's a solid analyst
I find his opinions often confirm my own
"Our job is not to predict where the market will go, but to interpret daily price and volume action to ascertain the facts of the current environment and make decisions based on that interpretation."
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months
#4
milbank
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Posted 26 July 2009 - 11:11 PM
Very interesting interview Ishmael. I think I'm seriously going to start looking into playing the commodes more after listening to Skarica. Thanks.
"The power of accurate observation is commonly called cynicism by those who have not got it."
--George Bernard Shaw
"None are so hopelessly enslaved as those who falsely believe they are free."
--Johann Wolfgang von Goethe
