Hmmm So far it's: 60% against 40% for Actually, that's pretty good ... thought it would be more negative. Tony
Rickshaw ... interesting observation And, how would you describe the action in the biotechs; i.e. ML biotech index BBH? Do a comparison...
Nice chart ... Rickshaw thx Yes, the INDU has been meandering, but the COMPX and INX have not: steadily trending upward. Waiting for a...
LOL Kara... Then there is the opposite side, like CNBC this past week. They acted like CNN: "hyping all the negative news"
Yes ... but stocks and oil have been counter trend partners for a while now. I've been expecting a $69 - $70 intermediate term top in oil. A...
There is a lot of takeover activity going on in europe. Their economies are weak, yet their markets keep rising. More follow through on their...
The foreign markets have been rallying while we are on holiday Another day like today, and we could have a strong opening tuesday AEX 391,46...
All governments intervene in their markets: buying at support levels and selling at resistance levels. Makes for stable markets and stable...
How are you handling back adjusted contracts if you are looking at percent change level. Also how do you classify divergence. Are you looking for...
If I am just starting the count; i.e. the end of a major correction or a bear market, I wait for a major oversold condition, and look for...
Very interesting. I also use a momentum indicator to confirm the wave count. It's a simple rate of change measuring the market over a period of...
Rickshaw (nice name) The markets already fell 2000 - 2002 40% in the Dow 80% in the Nasdaq Tony
Hi Stocon, My point is the markets are a discounting tool. They forecast where they are heading before they get there. The fundamental...
Riskarb, Thank you for your response. No, I do not market anything, my blog is free! Tony
Excellent report! Yes we all know that they intervene from time to time to create stability in the markets. I did mention that in 1990 they...
Murray, Thunderdog... I certainly agree that the Elliott Wave has received a lot of negative publicity for many years. However, I assure you,...
mtzianos wrote: They'd could just intervene at key points of perceived support or resistance, and/or pump some money, create momentum, "send the...
We're taking a poll... How many of you feel the EW is a good graphic measure of market psychology. And, can be used successfully in...
Hi! The FED "used to" manipulate the market(s) when they were smaller. Especially, gold and oil. I remember one second ranking FED official, in...
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