Ewj: elliott wave

Discussion in 'Technical Analysis' started by mu200411, Aug 13, 2007.

  1. Those outlandish calls :p
    Wave Equality
    One of the guidelines of the Wave Principle is that two of the motive waves in a five-wave sequence will tend toward equality in time and magnitude.
    http://books.google.com/books?id=lQ...1#v=onepage&q=Elliott "wave equality"&f=false

    Note:
    Others' alternative counts help us see our blind spots :cool: .


    What exactly is a blind spot, as described in your book?

    Something we do unconsciously that gets in the way of accomplishing our goals. Often it is a way of thinking, feeling or behaving we don't pay attention to that annoys other people. They can appear to others as an irritation, like too much talking and not enough listening. However, they can also be seen as serious enough to derail our careers and seriouslydiminish our possibilities for success. The trick to turning them into strengths is never to think of them as a fault or weakness. That gives them permanence. Think of them instead as the door to finding possibilities for significantly increasing our successes.


    Are your blind spots usually seen by others?

    Yes. When I ask people who report to any manager about their boss's blind spots, they usually have clear, quick and accurate responses. Adolescents can easily point out the blind spots of both parents. Spouses know their spouse's blind spots intimately. The funny thing is that what we may think people don't see about us is usually common knowledge of those around us.


    How is being unaware of how our behavior is interpreted by others potentially a major vulnerability?

    Being unaware of a blind spot is like carrying a time bomb. Others see our blind spot but back away when we give signals that we don't want to hear about it. Some try to tell us that we're doing something that bothers them, but we ignore it.

    Example: Our boss who values timeliness tells us that he wants our reports turned in on time, but we continue to be late because we think it's unimportant. Only when we miss a promotion, a raise or an important goal, do we begin to examine our blind spots--Or we stay stuck in denial and blaming others and never reach our goal.
    http://businessmajors.about.com/od/booksonleadership/a/ClaudiShelInt.htm
     
    #8171     Aug 23, 2009
  2. KOOLBLUE

    KOOLBLUE

    short term daily view
     
    #8172     Aug 23, 2009
  3. KOOLBLUE

    KOOLBLUE

    and a little further out
     
    #8173     Aug 23, 2009
  4. ...... what makes you choose the first top as the real top ?
    .... what makes you favor the 2nd top as a B wave ?


    thanks
     
    #8174     Aug 23, 2009
  5. Illum

    Illum

    Love the long time frame views mu, thanks for puttin um up.
     
    #8175     Aug 23, 2009
  6. When a five waves series is completed we call it a real top.
    The next high is usually lower than the first high and is preceded by only three waves, we call it a B.
    If this second top, which is preceding by a three, is higher than the first top, which is preceding by a five, we call this second top an irregular top.
    1974 - 2000 can be counted as a five, so 2000 is the real top.
    2003 - 2007 looked more like a three, so 2007 is an irregular top.
    NASDAQ 2007 top can be easily labeled as a B because it is much lower than the 2000 top.
    SPX 2007's top is equal to 2000's top so 2000-2009 is a flat correction and the first top is the real top and the second of the double tops is the irregular top.
    DJI 2007 can be labeled as a real top if 2003 - 2007 is a three, and there in no higher top until 2015.
    Supercycle V]II) 1966-1974 took 8 years.
    Apply the Rule of Wave Equality in time and magnitude.
    Supercycle V]IV shoud take 8 years, either 2000 - 2008 or 2007 - 2015.
     
    #8176     Aug 23, 2009
  7. Critical Error :eek: .
    The post shoud be;
    ...DJI 2007 can be labeled as a real top if 2003 - 2007 is a five, and there in no higher top until 2015....
     
    #8177     Aug 24, 2009
  8. .... thanks for your response...

    ....i have 2003-2007 as a clear 5 waver... as i have posted about before....so i will stick with my count i suppose

    ... anyway thanks for clarifying your view....

     
    #8178     Aug 24, 2009
  9. ...if you saw 03...07 as a three waver....
    ....i would love to see the chart of that....

    thanks again
    elo
     
    #8179     Aug 24, 2009
  10. .... my view is that we may be hurtling towards this point....
     
    #8180     Aug 24, 2009