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Public blog posts only as education and entertainment. private membership market updates reflect my view and analysis of the market. The information contained on this website and from any communication related to the author’s blog and charts is for information purposes only. The chart analysis and the market comments do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading practice or investment strategy. The materials on this website do not constitute offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor. And i absolutely discourage trading options.

Wednesday, October 13, 2010

i was awaken by the noise, just noise. 3PD vs T2

10/13, $ndx made a marginal new high than 4/26's. it will be near impossible to use traditional elliott wave to count all indexes as bearish wave 2 consistantly while ndx is at new high. new high can't be a counter wave 2.
elliott wave relativity is fine with ndx's new high, and have consistant counts with all indexes.
imho, all elliott waves are relative, not absolute.



a market without financials participation is not real, because all your money is in financials, one way or other.


MT iso lines - spx, dji. a little noise, looks fine.
Titanic captain ordered more and more speed before sank with the ship into the bottom of the mid Atlantc ocean.
the following image seem looked alike someone want more and more. i can not remember who he is, can someone help?
http://www.michaelbrugh.com/images/capt-smith.jpg



the right hand side of #23 of the three peaks and domed house should be fast and furious. titanic has more water in, heavier to sink faster.


5th wave extention of 5th wave extention, the maximum waves counts possible.


financials lead, time is up!


similar technique i did in late Apr.
http://humblestudent777.blogspot.com/2010/04/wave-2-back-test-geometry.html


more coming, since i am awaken now.

PS 1). hi victor, i have that intraday 3 peaks and dome house chart ready, been watching for it.