Markets

Jul 14, 2003 at 00:00

It is shown that since the end of the 19-th up to the middle of the 20-th centuries the average growth rate of earnings, dividends and S&P 500 index was…

Jul 27, 2003 at 00:00

As discussed last week the simplest movement in the market is a DIRECTIONAL MOVE followed by a NON-DIRECTIONAL MOVE. The pattern from {4} to {5} is exactly the same in…

Jul 20, 2003 at 00:00

This chart is based on last week's discussion on BIFURCATION, it was suggested that the "markets are a self ordering seeking mechanisms that are constantly adjusting to an uncertain environment".…

Jul 13, 2003 at 00:00

This is a vastly different labeling to the more traditional labeling given so far in my postings. The concept of Elliott used here is that there are only two points…

Jul 06, 2003 at 00:00

The legs of the TRIPLE ZIGZAG are about equal and some will label it an impulse down from a (male, female) double top. The male top of course is the…

Jun 29, 2003 at 00:00

Edwards and Magee in their book on "TECHNICAL of STOCK TRENDS" in respect of high volume reversal day stated, "The reason for this is that such climatic volume normally indicates…

Jun 26, 2003 at 00:00

It seems we will know the outcome by close. If we have a drop the zigzag will carry the action far enough to carry the action below the 13 March…

Jun 25, 2003 at 00:00

Based on the weekend report the S&P has dropped below the RED CRITICAL line. It has bounced on the extreme outside line and may be forming a HEAD&SHOULDERS pattern The…

Jun 22, 2003 at 00:00

A further problem is the excessive bullishness reserved in Elliott for only two places - that is TOPS of WAVE-3 or WAVE-2 in an impulsive down move. In a way,…

Jun 15, 2003 at 00:00

The major question that is being discussed on the U.S. market is if this is a start of a major BULL market. The BULLS in their favor that July 22…