just listened to "Frankly Speaking",the Landis Thalman EW show,they are either using EW incorrectly,or EW is a simplistic,history repeats itself analysis that has the premise "real events in the real world have absolutely NO bearing on what the stock market does,but ONLY our EW charts,period". "the Frankly Speaking Show" says there was a bullish triangle
or something:), formed 11/30,and they blasely tell me COMPX will be 3550 by mid January and then will EXCEED 5100 in March and they recommend loading the boat on 45 stocks,ALL tech of course,all highflying high P/E momo stocks--such BRCD JNPR CORV ARBA CMRC on and on.
All they are saying is last year will be this year---and nothing else that may be altering market behavoir has any relevance to the mighty Eliot Wave.
If they are right i will humbly crawl allover this thread giving respectful homage to all Eliot Wave purist,come sometime in March. (but will at the same time be shorting the hell out of QQQ etc)
For,if that "Frankly Speaking" show has correctly represented
EW projections,then i am not impressed at this moment,that is for sure.
i ask you Eliot Wavers,however,does this "Frankly Speaking" show,on ABS,probably represent EW.max |
