tag:blogger.com,1999:blog-8305505968390768234.post5879715383826489510..comments2023-08-10T11:39:24.714-04:00Comments on fdralloveragain: SCREEEEEEEEEEEEEEECH!!!fdralloveragainhttp://www.blogger.com/profile/03488923148019117760noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-8305505968390768234.post-28828072834607826552010-03-02T09:46:38.043-05:002010-03-02T09:46:38.043-05:00Looks like we are getting to the moment of truth f...Looks like we are getting to the moment of truth for chart # 2.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-52121545964205605432010-02-07T13:58:15.523-05:002010-02-07T13:58:15.523-05:00"FDR you said:"My point is that we were ..."FDR you said:"My point is that we were due for a big-picture-insignificant, but little-picture-significant, mini-Wave 2 rally. I didn't want to unleash Cashzilla into a rally, however minor, for fear that it might piss him off.".Now i dont really understand the nuts and bolts of elliot so could you please clarify if it means that we might have a mini rally from hereon upto 10500 dow or something and then fall of the cliff or you meant something else? Appreciate your decryption."<br /><br />Hi,<br /><br />When I wrote that (at the end of the charts above), I was talking about the rally that had just taken place.<br /><br />At that time, EWs (if you don't understand Elliott Waves, personally I think you have no chance to make money in the stock market) forecast that we were due for a Wave 3 down (top chart), or, if the 3 segment rally that just taken place was not sufficient to be the full ABC correction, but rather just a 3-segment A wave (there was no real way to know since either option could count properly), then we'd have a B wave down followed by a C wave up (bottom chart).<br /><br />As is almost ALWAYS the case with nature, she came straight down to the fractal branching point, between the two scenarios, and stopped. She loves suspense.<br /><br />So, still, it could go either way. One of the neat things about EWs, and a fundamental truth of Nature, is that you can fully understand the rules but not be able to forecast the future. That's what most people don't understand about EWs, and why they reject them because they think EWs are determinative model of the Universe, and they reject that idea. That is too simplistic a view of the EW principle.<br /><br />If you understand DNA, you can win bet after bet on outcomes driven by DNA, that others believe is magic. But that doesn't mean the organism will survive the day. The same is true of EW insights, you can easily lose, even if you understand one part of Nature's universe. But, if you don't understand EWs, you have no hope betting regularly against someone who does.fdralloveragainhttps://www.blogger.com/profile/03488923148019117760noreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-3159460264228966542010-02-07T06:00:28.830-05:002010-02-07T06:00:28.830-05:00FDR you said:"My point is that we were due fo...FDR you said:"My point is that we were due for a big-picture-insignificant, but little-picture-significant, mini-Wave 2 rally. I didn't want to unleash Cashzilla into a rally, however minor, for fear that it might piss him off.".Now i dont really understand the nuts and bolts of elliot so could you please clarify if it means that we might have a mini rally from hereon upto 10500 dow or something and then fall of the cliff or you meant something else?<br />Appreciate your decryption.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-24237143161409194662010-02-05T06:43:17.951-05:002010-02-05T06:43:17.951-05:00This turd is pretty big...
Looks like it will req...This turd is pretty big...<br /><br />Looks like it will require a double flush.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-58036186640408846612010-02-03T13:25:48.800-05:002010-02-03T13:25:48.800-05:00"It is my understanding that the B wave low w..."It is my understanding that the B wave low would take out the A wave low."<br /><br />There is no good guideline where B might terminate. The C, if it's not already in place, would usually terminate in the Wave 4 area.<br /><br />I'm going to play golf while it works itself out. The end result is the same.fdralloveragainhttps://www.blogger.com/profile/03488923148019117760noreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-3814448271053450112010-02-03T13:14:06.786-05:002010-02-03T13:14:06.786-05:00It is my understanding that the B wave low would t...It is my understanding that the B wave low would take out the A wave low. Today seems like a B wave correction of the A wave with the C wave beginning soon to take us a bit higher to that 10500 area before the collapseAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-26972453169236668232010-02-03T11:56:48.438-05:002010-02-03T11:56:48.438-05:00How can this not be widely known? In the Informati...How can this not be widely known? In the Information age?<br /><br />Thanks for your work. Helps keep me sane to see it.thomas saranacashttps://www.blogger.com/profile/12942019824793668860noreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-34357412143608026082010-02-03T09:24:22.280-05:002010-02-03T09:24:22.280-05:00As they say in my country "eish..." (tra...As they say in my country "eish..." (transalation: yow!)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-61885429282864442932010-02-03T07:46:07.884-05:002010-02-03T07:46:07.884-05:00Yeah, I realized while I was writing that it might...Yeah, I realized while I was writing that it might be hard to follow without a pic. I'll add a quick chart later this the morning. It is an important time for risk-tolerant traders to get short and stay short through the shakeouts. Thanks.fdralloveragainhttps://www.blogger.com/profile/03488923148019117760noreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-24042447007363627852010-02-03T02:14:52.930-05:002010-02-03T02:14:52.930-05:00FDR you draw me back everyday fascinated to read w...FDR you draw me back everyday fascinated to read what you have to say next. On my behalf and I'm sure on behalf of your growing list of admirers I must say a grateful thank you.<br />Will it be possible to attach a chart to articles like the present one, to make it easier to visualise your argument?Anonymousnoreply@blogger.com