Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?

To: POKERSAM who wrote (19574)	12/23/2014 11:47:32 AM
From: Fintas	Respond to of 41394

486/972/1458/1944.....2430. 2430 is NOT being hit until there's a retrace of the 54 value box and now since the 2080. IF we continue to track up to 2134 and 2188 the same will apply, just from where the count down begin. The higher without the retrace the DEEPER the count re the reversals.. But I'll keep it simple not confuse. 1458 is my safe spx number and to get there the spx will walk down. 1944/1782/`1620/1458.. I don't see that % as deep and it's well above some counts down that have been presented. I.E 1134/972/810/486. But here's the good news as I have presented long ago.. 972/1458/1944/2430/2916/3078.. So as one who owns core long off lows.. KEEP BUYING. AS one who understands retraces. I'll defend or sell when required. Oh and DOW.. 16200/17820......19440.. Let's see where it ends.. 18360/18540 before retracing to a safe 14800.. And of course to get there 17820/16200 have to go first. Fintas

To: POKERSAM who wrote (19574)	12/23/2014 12:34:20 PM
From: rayrohn	Read Replies (1) \| Respond to of 41394

lol ur chart is not detailed enough for me ... FWIW IMO we should have a nice consolidation going into the end of the year and Jan.

To: POKERSAM who wrote (19574)	12/24/2014 8:40:39 AM
From: POKERSAM	2 Recommendations Recommended By kckip Sweet Ol Read Replies (3) \| Respond to of 41394

Please read the previous post. I know that not everyone is proficient or care to be proficient in Elliott Wave and so I am going to make this as simple as possible. No one can look at the correction beginning in 2000 and ending at 666 in 2009 and not see an expanded flat. The sub waves of that move are 3-3-5 just as they should be. Once that is settled in our mind you must recognize that it is possible that the correction is over. Then in 2009 at 666 the market begins to climb. It climbs in three waves for 6 years to 2086. The question is whether or not these three waves are an ABC (making the 2000 correction a combination) or a 123 (first three waves of an impulse and a new secular bull market). There is no way to be positive which is correct till the two possibilities diverge. Until they diverge they look and act and count exactly the same. The sub waves of an ABC are 5-3-5. The sub waves of a 123 are 5-3-5. OK, The next question is WHEN do they diverge revealing which is correct. The key is the C wave and the 3 wave of the ABC or 123. Wave C is related to wave A. The C wave seldom is longer than 140% of the A wave of an ABC. If a C wave goes beyond 140% it becomes probable that you are seeing an impulse 123 and not an ABC. If the supposed C wave goes beyond 162% of A it becomes nearly certain that you are seeing an impulse 123 and not an ABC. The supposed C wave of the advance from 666 has surpassed these levels in length. SO if one is intellectually honest and bases his opinions on the evidence he must conclude that the advance from 666 is a 123 of an impulse and that the 2000 secular bear market ended at 666. What about a wave 3, how long can they be? A wave 3 is related to wave 1. Wave 3 will reach at least 162% of wave 1 83% of the time. A wave 3, when extended (wave 3 is the most likely motive wave to extend), will normally reach 262% to 425% of wave 1. So a wave 3 can be much longer than a wave C. So I must conclude that we are in Intermediate (5) of Primary [5] of Cycle III off the 666 low. I must conclude we are NOT in Intermediate (5) of Primary [5] of Cycle B off the 666 low. Any idiot can be a perma bull and just always call for up. Any idiot can be a perma bear and always call for down. The boards are full of both. When the market is gong up the perma bull looks like a hero and when it goes down he looks like what he is, an idiot. Visa Versa for the perma bear. They are both idiots all the time no matter which direction the market goes. Being an idiot is easy. The proof of that is the huge number of them that exist. An overwhelming, inescapable and emotional bias is the number one enemy of the trader. That is regardless of the time frame you trade.