Elliott Wave and Index Trends with POKERSAM Message Board

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Strategies & Market Trends : Elliott Wave and Index Trends with POKERSAM

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From: POKERSAM	12/12/2021 8:34:19 PM
	of 1779

The last decline was a correction wave called a double three zig zag. It had sub waves of 3-3-3. It consist of two abc waves labeled W and Y connected by an abc labeled X. This wave down was wave 2 of (5) and it followed a five wave up move up which was 1 of (5). That five wave move up could have been ALL of (5). It obviously was not and (5) is extending. Here is something for you to think about. In the Trading Pit we were short for a good part of the recent decline. We have now been long for a good part of the recent advance. In other words: We made money!! If you were a perma bull, or following one, you did not make any money because you just rode the market down and now you are riding the market back up to where it was when the decline began. You are near back to even!! Join me in the Trading Pit and take advantage of the opportunity to make money when the market goes up and down. The market, over time, goes up 60% of the time and down 40% of the time. It moves up in five waves and down in three waves of the same degree. If this has not made sense to you, then never mind, you are not a trader indexinsight.com

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