6 replies to this topic

[DonBart]

Elliott Wave International Short Term Update: "sees a nested 1-2 wave setup for a iii of (3) of 3 to start tomorrow or Wednesday. (It might have a little down-up to go to finish a little wave ii ABC correction.) If so, should be a persistent and deep drop at least to the August lows of Dow12.5K."

[NAV]

Just in time.... .

Edited by NAV, 10 September 2007 - 11:40 PM.

[humble1]

Don: thanks for passing that along. that is a very credible count and one to be heeded by those who desire to protect capital in this dangerous environment.

[The End]

Don:

thanks for passing that along. that is a very credible count and one to be heeded by those who desire to protect capital in this dangerous environment.

I don't rember a time in the last 10 years that EWI has been correct when calling a 3 down of any magnatude.

[snorkels4]

choose our poison

[Sentient Being]

i remember allowing EWI infuence me a few years ago where the market kept going up up up and they kept saying that was it, today, tomorrow, this week wave three down starts and the market will crash crash crash. I eventually decided I had been a fool to let them influence me. And after a year long rally or so, they eventually applogized for being wrong so long or some such thing. When I hear EWI calling for a "3" or a "3 of 3" or any great crash I'm reminded of how much money one can lose by not being in a bull market.

[raleigh]

Wave counting is a waste of time and a bad joke. Counting angels on a pinhead is more effective.