CountCheck Point
10.9-2008, Session Open,
This should be first wave down, finished yesterday. Currently wave 2 progress running. Next wave down should be third wave of third wave, but wave 2 position seems to be open now.
US Steel, Broadcom and QQQQ. Most charts looks exactly identical.
http://3.bp.blogspot.com/_Wt9bhJccdPw/SMgWk6e9nQI/AAAAAAAAFiM/cN-2fIYotGw/s400/qqqq.png
http://2.bp.blogspot.com/_Wt9bhJccdPw/SMgWIO-XzhI/AAAAAAAAFh8/JBsXTX5oKhQ/s400/x.pnghttp://2.bp.blogspot.com/_Wt9bhJccdPw/SMgZX588-aI/AAAAAAAAFiU/betbeFT6bgw/s400/BRCM.png
Linkit tähän tekstiin
Merkinnät: CountCheck Point
Newer Posts Older Posts Home
[ 本帖最后由 hefeiddd 于 2009-4-6 09:02 编辑 ]
Versant, VSNT + Broadcom, BRCM
http://1.bp.blogspot.com/_Wt9bhJccdPw/SLnr9wa2rbI/AAAAAAAAFhs/9mmY6ogvu50/s400/BRCM.png
http://4.bp.blogspot.com/_Wt9bhJccdPw/SLnr1SM3AqI/AAAAAAAAFhk/KegUMVBU9co/s400/BRCM2.png
http://4.bp.blogspot.com/_Wt9bhJccdPw/SLmWsHAw_RI/AAAAAAAAFhc/xmGusB4orRw/s400/vsnt.png
http://3.bp.blogspot.com/_Wt9bhJccdPw/SLmWg69gwvI/AAAAAAAAFhU/AU31k4v3EXg/s400/VSNT2.png
Linkit tähän tekstiin
Merkinnät: BRCM, Versant, VSNT + Broadcom
QQQQ reached 46.00
29.8 - 2008, Friday, Midday,
Cubes reached 46.00 overlapping it just slightly, which is also my diagonal bottom support. I think that´s also intra low, I gave a look for NVDA chart below which currently trading between 12.65 - 12.68 and impulse seems to fit.
Enjoy your weekend!
http://1.bp.blogspot.com/_Wt9bhJccdPw/SLgp7DG6MUI/AAAAAAAAFhM/urvP8cCCNds/s400/NVDA.png
Linkit tähän tekstiin
Merkinnät: QQQQ 46.00
QQQQ 46.62
29.8 - 2008 Morning Session,
Target met, puts executed. Also bot AMCC long now at 8.03 - 8.05 $ based for charts below.
http://4.bp.blogspot.com/_Wt9bhJccdPw/SLgAF9Z6tKI/AAAAAAAAFhE/XEAOoXU12d8/s400/qqqq.png
Linkit tähän tekstiin
Merkinnät: QQQQ 46.62
Market Closed,
QQQQ / SMH Index, Subminuette Chart
28.8-2008, Midday - Session Open,
That was a nice small 2 days range tech rally. SP trading now at 1296 and Nasdaq over 2400 after 3 hours open session. I think first impulse after my qqqq diagonal count is ready, at least with first wave point of view. QQQQ 47.25 looks to be first target and it´s met now. SMH chart below might miss one tiny fifth wave position and if that´s the case, SPX 1300 might be coming, but by intratrade view I think we have a short setup now for afternoon. Market might rally back later again, but let´s not get too exicited, my qqqq chart posted 2 days ago is only B (up) wave position and first part of it came true now.http://1.bp.blogspot.com/_Wt9bhJccdPw/SLbaiMSYf6I/AAAAAAAAFgs/4Bdl9D_OjVU/s400/qqqq.png
http://3.bp.blogspot.com/_Wt9bhJccdPw/SLbUySgBVJI/AAAAAAAAFgk/qBiO9BSRkUw/s400/smh.png
Linkit tähän tekstiin
Merkinnät: QQQQ / SMH Index, Subminuette Chart
5 Subminuette WaveCharts
27.8-2008, some subminuette counts & charts after previous QQQQ subminuette count.
1) Google
2) Ebay
3) Intuit
4) Juniper Networks
5) ONNN
A bit checking do I find additional testimony from individual cases, looks Ok for me.
http://2.bp.blogspot.com/_Wt9bhJccdPw/SLTPjFYraQI/AAAAAAAAFgc/xStibJYv-b8/s400/JNPR.png
http://4.bp.blogspot.com/_Wt9bhJccdPw/SLTNBsm7B7I/AAAAAAAAFgU/N41F9SFj_3o/s400/goog.png
http://3.bp.blogspot.com/_Wt9bhJccdPw/SLTMxahHSII/AAAAAAAAFgM/LR2AhPmzmpw/s400/onnn.png
http://3.bp.blogspot.com/_Wt9bhJccdPw/SLTMjPpgOfI/AAAAAAAAFgE/QRNVGBq8ZLU/s400/EBAY.png
http://1.bp.blogspot.com/_Wt9bhJccdPw/SLTMYwrvQ5I/AAAAAAAAFf8/9r7vWwrNPeg/s400/INTU.png
Linkit tähän tekstiin
Merkinnät: 5 Subminuette WaveCharts
QQQQ
Thuesday, 26.8 - 2008, Marked Closed,
This is QQQQ index ten days chart (with 5 minute data). Horizontal line separate each days.
I think we have bullish wedge in here and if that´s the case I also draw how it should come up, if this pattern is true now, it suggest one another higher high.
Chart also suggest 1 and half or 2 another zigzag days. Now, if this pattern is true case now, believe me - we need to wait long until any bear side impulse would start, in fact, this pattern would mean we haven´t see even top for this reactionary wave yet and higher high still on progress. Intel might confirm this story now, it tested today 22.50 wave support (22.65 to be exact) and I think it need to go much higher, at least a 2-3 $ to get closer of 25 $.
Now, this diagonal pattern looks exact similiar as Juniper diagonal was, roll lower this blog and you´ll find it if you´re not familiar with the case allready and I cannot flag any bearish impulse because of this chart, in fact it suggest even slightly lower touch before turning up again.
It also seems my oil and energy stocks turned up again with lazy reactionary wave as estimated earlier.
My GT Solar (SOLR) chart reporting tonight after market closed.
Interesting Market!
http://2.bp.blogspot.com/_Wt9bhJccdPw/SLRimLUPfKI/AAAAAAAAFf0/3YG6FUuaCtY/s400/qqqq.png
Linkit tähän tekstiin
Merkinnät: QQQQ
QQQQ
26.8--2008
It looks like a spinning top now and QQQQ SMA-200 line is broken. Time to mention again my QQQQ 38 target, but volume is still very light > indicating no new progressive direction and I don´t flag yet for new bearish impulse trend, but we´re close now. Since my eurodollar and oil reactionary wave targets are not met either, I keep possibility open market could keep going it´s zigzag wave and even going higher.
Market keeps testing 1264 level, if this range getting narrower and narrower all the time as it seems now, we might be dealing with smaller wave 2, eventually it will get broken. Market waits now reason to explore this support.
Linkit tähän tekstiin
Merkinnät: QQQQ
ISRG,
Another weekend foundings from older charting catalog, it was a bit surprize because I noticed ISRG price surge after earnings release, but in fact going back now to my older charts again, I noticed it was very likely wave 1 impulse, wave 1 of 5 to be exact.
This should be good news, I think when we pack all those 50 things together, RSI-50 support, SMA -50, SMA-200 and bull flag in to the louis vuitton suitcase together with an idea stock is working with wave 2 correction. Boy, this is going be long run when sideways pattern will get broken, but even better news is that we will most likely handshake wave 3 of 5 next - which should be decent agressive. 380 $ should come without problems, possible much more but that´s minium. I think ISRG will reach even 680 $ in coming years, but let´s not fly with Quantas yet.
Additionally amazing fibonacci trading with physical fib numbers, marked those waves beautifully!
Alternate count for this would be that last a-b-c is only "a" at so far and next upside letter would be "b" - which would mean "c" as another touch for sideways pattern bottom line, giving length for last C as similiar as were previous corrective letters, but I trust now 50&200&50 packet, besides "b" alternate scenario would be upside case also at least to the upper line.
http://2.bp.blogspot.com/_Wt9bhJccdPw/SLDmHHonzRI/AAAAAAAAFfs/3DLOIy0Tj0s/s400/ISRG5.gif
http://3.bp.blogspot.com/_Wt9bhJccdPw/SLDWwwcNKOI/AAAAAAAAFfk/avsjsmnOD2I/s400/ISRG2.gif
Linkit tähän tekstiin
Merkinnät: ISRG
Weekend Setups and Foundings, Bearish
Cephalon,
Major size bearish pattern. I found from this last summer bearish chartportofolio as watch-out cases, but we´re pretty close allready so I post this one. I believe stock will not be able to trade above minor 5 diagonal pattern lower line resistance. In fact, there´s a chance it´s missing one tiny wave 5 up or then it´s allready done as macd crossover occured allready. Pattern is soon ready for 30 $ plunge in coming months. (Lower chart B wave diagonal is done&estimated as it is allready on july and missing last pricedata, see the stockcharts chart for latest price behaviour - this stock has been traded pretty often in last year via this blog, in the times of golden bull top it was one of my many great-great favorite bear diagonals).
http://3.bp.blogspot.com/_Wt9bhJccdPw/SLC4T8YJSuI/AAAAAAAAFfU/RUF_7gHKrgY/s400/ceph2.gif
http://2.bp.blogspot.com/_Wt9bhJccdPw/SLC4LDmrBCI/AAAAAAAAFfM/Pd5eARHCy_Q/s400/CEPH.gif
Linkit tähän tekstiin
Merkinnät: Bearish, Weekend Setups and Foundings
Weekend Setups.
Weekend Setups.
I´ll will collect & modify this post propably more that twice during the weekend when I do collect new setups while working a bit with metascanner. Nice week after all - actually very good, personally I might be a bit surprized market came this quickly back to allmost SPX1300 level, but I was focused all week more commodity & eurodollar trading + few individual stocks and didn´t look much stockindexes, perhaps I should keep that 1330 target but I didn´t.
So, here´s the first one with trillion diagonals. Any backside movements should be considered as wave 1 (a-b-c) corrective letters, but this is bullish pattern, stock is part of QQQQ index. I am very sure this is wave A diagonal because only wave 5 can build this large bear pattern as lower charts shows so take a deep look for example from my blog how this wave should behave now-on. Interesting detail that MACD takes same technical diagonal as chart does.
Enjoy the weekend!
http://4.bp.blogspot.com/_Wt9bhJccdPw/SK9f4VchaUI/AAAAAAAAFfE/QzCWquta3eo/s400/HOLX2.gif
http://1.bp.blogspot.com/_Wt9bhJccdPw/SK9fx8Q8PdI/AAAAAAAAFe8/Q8eb5LEMeS8/s400/holx.gif
Linkit tähän tekstiin
Merkinnät: Weekend Setups.
Eurodollar + Oil
Thursday, 22.8 - 2008
Well, I didn´t understand a thing elliott wave international forex charts, it seems those are far too small compared the movements I prefer to do and see, so I updated my own counts (besides I trust only my own work or mistakes) ;).
As mentioned earlier after 1.4700 C wave target reached, there should be just one tiny wave 5 left to the same direction as it came, I believe 1.4620 was ultimate bottom and then corrective letters should come.
Now, chart came exactly true and eurodollar trading now at 1.4920 which I believe is now first corrective letter. You can read my additional fib math from earlier post if you prefer - it sits for these charts, but I believe charts are much better to tell stories, so, here´s current eurodollar charts. If you´re able to handle now eurodollar and oil waves, you will handle also complete stockmarket because everything comes now from here (Except financial/bank waves).
Now, let´s confim the sale from OIL side. 147 $ WTIC was top and Oil came down and retraced just above 113 $ as I speculated earlier. It´s time to now look the reversal size how much it will rally. Not much, 147 - 113 = 34 $. This 34 is size of A wave. It should retrace now 38.2% which gives us 13 $. To add this 13 for 113 we come 126 $.
So, reactionary wave for oil as wave B should come somewhere between 125 - 127 $. This is the next place to go short again with commodities and long with US dollar and with massive movement, note that eurodollar charts confirm. If you prefer to stay only with a main trend where any timing error is quickly solved by market, do not participate these reactionary waves at all. Another sizable shorting setup is not that far anymore. If oil will reach this target price before eurodollar does, believe the oil first - dollar is going to turn up again very quickly when this incident happens. For eurodollar next wave will be 5 after reactionary is over, so, it´s impulse again and progressing will be as quickly as previous impulse was meaning just a few weeks rally. Impulses comes fast and goes over fast, if you miss them, then you need to wait your turn until something decent comes up again by technical point of view.
Personally I believe this is best area to trade now because SPX is just doing nothing ie. zigzag as wave 4 offering nothing decent size expect those very few shorts like CRM. Some scalpers might prefer to trade that narrow range, but you´re not ending anywhere if you don´t have a real pulse with the product you´re trading, at least I prefer more actual progressive movements products.
POT, MOS, PAAS, AEM, HES, CHK, JOYG to mention just a few biggest names highflying stocks participating to these waves and doing that with massive movements. I had trade during the week several overnight movements with HES, AEM and PAAS - each of them offered over 7% daily movements.
With these eurodollar and oil charts & counts reader should be able to make and see minor and important timing & turning points ie. with mentioned charts. I have more accurate counts exist for each of them, but it would required a bit too much of posting to keep them up and date all the time. Just keep in mind, that dollar main & real direction is completely opposite as presented in reactionary wave charts meaning stronger dollar and weaker oil & commodites, we just repair here a bit to make much bigger commodity plunge as we had seen at so far.
We have double confirmation in here supporting each other and also we we should be able to make a shorttade conclucions as the lowest chart suggest that this bearish diagonal if not procedure before US opens tomorrow or during the night > tomorrow gold, oil and silver club is propably offering one shorting wave again after great bull week before reactionary wave goes on.
Competition is closed now also, someone recogniced the boat from Zurich and of cource it was Grand Banks 72 - Perfect Chart is posted to the lucky winner mailbox now.
http://4.bp.blogspot.com/_Wt9bhJccdPw/SK3xpjsuevI/AAAAAAAAFd0/zm3SST08XMU/s400/EUR-USD.gif
http://1.bp.blogspot.com/_Wt9bhJccdPw/SK3x3ta7CWI/AAAAAAAAFeE/wKdjUKdPfkU/s400/eur-usd3.gif
http://4.bp.blogspot.com/_Wt9bhJccdPw/SK3xxZ8XKyI/AAAAAAAAFd8/ogwZo9CmqNE/s400/eur-usd2.gif
Linkit tähän tekstiin
Merkinnät: Eurodollar + Oil
elliott wave international
Seems to come free forex charts soon, it will be interesting to see if their eurodollar chart differs from mine one. Link on the left side if you want to spot them. My minor a-b-c target is 1.3800, but first we need to get corrective letters from my reached target as 1.4700 to 1.5300 and meanwhile oil, minerals, gold plus rest of mad commodity club can zigzag reactionary wave correction to the upside and they certainly do so now, my portofolio hit a big wave with them with CRB index 50% retracement.
C wave size is now 720 pips with full impulse and it started to correct allready, with minium we should get 38.2% corrective size, possibility 50% retracement. You might remember that eurodollar didn´t actually progress anywhere at all last spring for many months while oil and gold did agressive upside steps. Propably the same can happen now, eurodollar correction will be lazy compared to the last impulse wave, but it´s surprizing how agressive some commodites can correct, specially if they have any impulses left (even, I bet they don´t have, but this is the place where market usually buys that idea).
720 pips / 50% = 360 pips, that´s nice fibonacci number, not far from 362.
If we add that number to 1.4700 bottom (aloud that last c/5 20 pips mistake, actual bottom at 1.4680)) we end up 1.5060 - again, just like fibonacci number 1.50618
We have now clearly A-B-C minor correction over, which corrects allready and where last C broke fully impulse just like it should do, this first reactionary level target should be easily reached with reactionary wave steps (a-b-c).
Then, if we look the complete correction since eurodollar hit 1.6000 minus 1.4700 bottom we have 1320 pips road. To take 38.2 % from this number we end up with 500 pips. 1.4700 + 500 pips is 1.5200, this is minium target for eurodollar reactionary wave correction to apply the count that 1.3820 is still main direction, but if going 50% mode again do not surprize because again we have number 660 which is not far from 662.
1300 - 660 = 1.5340
Fit it ?
Stockmarket was not able to breake yet below of key level, but I am pretty much off from all semi longs allready, I do have great bullish setups in my catalog and still some very few longs, but in most cases they just seems to miss that last "W" pattern to sqeeqe the pattern. This is very important detail to see to do better timing, in most cases wedge traders fail to not complete EW guidelines how & where the pattern actually ends & looks from inside before it blows out. However, some of those diagonals are so swallow allready that I would not have a problem to accept last zigzag and being long with them even to qqqq 38 area - I trust that pattern like catolic priest trust the bible.
I believe on next week we´re inside of impulse waves allready, there´s still the chance market might try to buy 1260 level support from here which could be wave 2, but it won´t propably last long. It would require again a long 4 weeks going nowhere until next options are closed to consider idea that we´re still inside of wave 4, with these US financial & macroviews it would be far too much.
It was really long and boring wave 4 allready, god damn, allmost 2 months and mamma mia what individual Sox stocks did during this wave! Indextrading should come again more possible now as movements getting wider and deeper.
Linkit tähän tekstiin
Merkinnät: elliott wave international
QQQQ + EuroDollar + Oil + SPX + Gold +
QQQQ + EuroDollar + Oil + SPX + Gold + Earnings
http://2.bp.blogspot.com/_Wt9bhJccdPw/SKjayjId0RI/AAAAAAAAFds/XGxHJNyl1Ts/s400/G.gif
http://3.bp.blogspot.com/_Wt9bhJccdPw/SKdRa1fGrFI/AAAAAAAAFbs/qGZ78U16Ugg/s400/Nuoli+alas.gif
http://4.bp.blogspot.com/_Wt9bhJccdPw/SKjZX2_-kcI/AAAAAAAAFdc/LTwbC7cOTWA/s400/PLXS.gif
Previously posted Daktronics Chart>
http://2.bp.blogspot.com/_Wt9bhJccdPw/SKjVfs6p7II/AAAAAAAAFdM/1UE6aRLDl7s/s400/Dak.gif
New Daktronics Chart> (Short Setup, next wave should be 3/5 impulse down)
http://1.bp.blogspot.com/_Wt9bhJccdPw/SKjV5SIlqDI/AAAAAAAAFdU/mDoZLTXGkWA/s400/dakt.gif
http://4.bp.blogspot.com/_Wt9bhJccdPw/SKdSsGTG_7I/AAAAAAAAFb8/2DhhDY1luw0/s400/CRM.gif
EuroDollar>
http://1.bp.blogspot.com/_Wt9bhJccdPw/SKTputAQTMI/AAAAAAAAFbM/aAtOYLC_xzo/s400/eurodollar.gif
Long Candidates
http://4.bp.blogspot.com/_Wt9bhJccdPw/SKdRodCJPdI/AAAAAAAAFb0/D5f4jonQmik/s400/Nuoli+Yl%C3%B6s.gif
http://1.bp.blogspot.com/_Wt9bhJccdPw/SKjKalIA1nI/AAAAAAAAFcc/2v7STaZEPzI/s400/VRGY.gif
http://2.bp.blogspot.com/_Wt9bhJccdPw/SKidwJITDSI/AAAAAAAAFcU/fSeEhZlZFtQ/s400/SOL.gif
http://1.bp.blogspot.com/_Wt9bhJccdPw/SKdTXr2x-sI/AAAAAAAAFcM/QPSlqIWzxlE/s400/TSEM.gif
http://4.bp.blogspot.com/_Wt9bhJccdPw/SKjR3GWRADI/AAAAAAAAFc8/v5mc3LZdISM/s400/dsti.gif
http://1.bp.blogspot.com/_Wt9bhJccdPw/SKjN4rlMmpI/AAAAAAAAFc0/tP3-CnEn3RI/s400/solr.gif
That´s a beauty boat, let´s arrange small summer contest, the one who recognice brand and model and will drop the right answer to my mailbox will win one perfect stock setup not posted in here. I did modify my previous post in here a bit as I found pretty lot a new individual stock setups for both directions. Besides, it´s really time to start looking also downside candidates, not good to be long & naked anymore in the market as we play with fire in here allready where we turn massive wave to the downside.
It seems while I was off I missed one very good stock I wanted to work overnight with EPS release and that was AMAT - nothing surprizing for me, my SOX names keeps coming up. NVDA also hit 10 $ retracement and seems to working pretty powerfull wave 4, but risk/reward was not good for it because there was no pattern exist. My Autodesk has also reported tonight and tomorrow it will be one rally stock.
Market has sold during the week from SP1316 level down, but there´s no power in that selling work anymore, SKF (ultrashort financials ETF) was again wise choice to swing even income % came shy compared previous swings. This wave 4 keeps working - meaning we are not moving anywhere besides sideways and I think once again, this market is just preparing one another higher high and that´s propaly for SP500 1330 area, but for QQQQ as a tech index it means propably more, I think we are preparing to reach 50 level. QQQQ level 47.50 is now twice tested (somewhere at 47.24) and it holds so it´s immediate support now until this wave 4 has fully ended. So, my new QQQQ target is 50, then plunge 13 dollar to 37 area - that´s sizy...
For next week (plus tomorrow > friday) I think we are going to see violence rally, possible a very final one and QQQQ 50 is on the way, but rocky days are still possible as real impulse waves are only to the downside.
Oil has traded very widely today, there´s possibility it allready hit some part of wave 2 reactionary movement at 117 $WTIC high level. I think Eurodollar reactionary wave 4 can offer that relief correction and it´s close now based for my eurodollar chart - so, it really was good time to cover commodity shorts. Rest of real powerfull Oil correction will propably not seen before eurodollar fully impulse has completely ended it´s impulse, meaning also wave 5 (1.382 X wave 3 with minium). Oil fibonacci support comes at 109 $.
Above is bullish chart for Dollar as my target keeps coming> 1.4700 area, which also possibility offering wave 4 correction depends of your timeframe, but main velocity can go now even to 1.3800 area.
Up now over 1100 pips - yo! However, if oil is doing any reversal at all, the possibility place to open first a of A is now, eurodollar missing only 30 pips to end non-extended wave 3. For any serious swingers hunting big profits this is now first place and also very good place now to lock on profitis from dollar rally.
All the rest of the commodites like gold and silver follows dollar chart and main trend is down as oil also, but reactionary wave might be close now with my 1.4700 eurodollar count. This was possible Minor wave 1 for EUR/USD and reactionary wave as wave A-B-C (wave 2) could come, pretty much same wave for Oil - there´s no difference between these two and likely not much either with silver or gold.
Shortly and put it simple way, based for these target levels be very cautions of possible eurodollar & commodites shortterm (reactionary wave) reversal very soon, but don´t get trapped with them for too long, it´s only temporary movement. If SPX would breake below 1260 level, stockmarket would work with impulse wave downside. As far as it stays above we are inside of reactionary wave 4.
Linkit tähän tekstiin
Merkinnät: QQQQ + EuroDollar + Oil + SPX + Gold + Earnings
eurodollar
My longterm target for EUR-USD as 1.47 approaching very quickly. I am up now 900 pips, more importantly OIL corrected biggest plunge during this impulse from 1.60 level as estimated last spring. Here´s the picture from last impulse, which I believe is wave 5. Mentioned also that world biggest country, Russia RTS index will crash when this oil correction comes and it´s now down over -30% in a few monts, today it´s down over -6,5% when war news hit the tape.
I think 38.2% retracement fills A wave for oil and propably good time to cover shorts. There´s reactionary wave upcoming. I am short with financials and long with semi´s - nothing changed in this area. Market is parking between pretty much between a kind of culmination point, SP 1300-1330 path is pretty much shorting road. My final target for wave 4 mentioned month ago, QQQQ 47.50 is met & filled now. ATE/IFX charts below are some of the most agressive bull patterns for longer run and indeed, we got them all again from bottom.
http://2.bp.blogspot.com/_Wt9bhJccdPw/SJw2-mRR4_I/AAAAAAAAFZs/rgcwgknQsOY/s400/EUR-USD.gif
Linkit tähän tekstiin
Merkinnät: eurodollar
Thank You SKF
= Financial Short Ultra ETF
Came decently up over +9%, I think there was at least Lehman and AIG behind the sceme. Thank You guys! (Still holding + going over weekend also).
I am not certainly sure that this market is ready to fall yet (I mean really deep bluesea fall, not just a few minus percents), but at least entry place to go short was indeed well build and I stick with it over the weekend, good start anyway.
Wave 4 has not yet took so complex behaviour as it can, but tunnel is very tight and upside risk very limited. Only expection are my Sox names, Intel came up over +4% today in negative market and one example again my favorite SOX names clearly breaking it old channel & leave it behind. Well, we allready opened it over EPS news.
I had been long time bearish with oil, but I think it´s time to cover OIL shorts, this example comes my favorite shorting product XTO. Do not draw diagonal like I do in this case, but it points out that possible wave A bottoming might come soon, there´s still a bit room for downside, but point is more to show possible B reactionary wave from where it can come. IT IS possible this impulse shows for you wave 3 downside and wave 4 upside corrective wave, meaning, there´s still wave 5 down to come, but after wave 3 is finished it´s usually good time to exit and that MACD is not falling anymore. I am out now from OIL shorts, thank you, but will look another entry from higher. Easy & dynamic part without reversals of movement is compeletely over until we have another reactionary wave to short it again.
I also found a bit surprizing so many market participants focus only for SP or Dow index, in fact, if you´re skipped individual stocks from SOX/SMH side during this summer, with biggest semi names you´re behind over +30% movements.
None of the Sox stocks has not reacted any negative percents over EPS earnings or July-August reactions, situation is pretty opposite. Cisco and Intel came up with shiny +10% movement, but this was only reaction over actual conference call, in fact, they´re up twice and more from orthodox bottom when SP hit 1200 on july and still these are just shiny names. Juniper & Altera alone are up over +30%. Qualcom, Symantec, Adobe....there´s real lot of bullish names. There´s propably a lot more. Infineon alone during this week up allmost +15%.
I mentioned earlier circuits&special software are one wave ahead from SP-500 and they still are. In most cases when this market is going to take a next real plunge to new lower lows, these stocks will either take shaky park or they will take only wave 2 zigzag mode to the downside, but in most cases bottom is behind & solved allready, there´s no reason to trade them against of market if coming down, but for longer portofolio holders or buyers, there´s no better place to be and for some partipants like Tech funds it would be not comfortable situation if you missed these EPS news positive movements because it was a real rally.
I think we still have some these bullish names ahead in earnings calender offering these movements, but let´s look at them when time comes.....
http://4.bp.blogspot.com/_Wt9bhJccdPw/SJt-5DOG6jI/AAAAAAAAFZE/Rn4puo2mvDU/s400/XTO.gif
Linkit tähän tekstiin
Merkinnät: Thank You SKF
Preparing to short
Yesterday close, QQQQ 46.63 was very close of my first entry as mentioned earlier it´s 46.90. I think this market is preparing now bigger downside plunge (several weeks).
(In fact added first SKF position allready yesterday)
Linkit tähän tekstiin
Merkinnät: Preparing to short
Infineon
http://3.bp.blogspot.com/_Wt9bhJccdPw/SJhRMRZzxAI/AAAAAAAAFYs/LcEj0fYwTh0/s400/Infineon-Logo.gif
http://2.bp.blogspot.com/_Wt9bhJccdPw/SJhRCS0qAdI/AAAAAAAAFYk/GaHRsk0RPvU/s400/IFX.gif
Linkit tähän tekstiin
Merkinnät: Infineon
AdvanTest
http://4.bp.blogspot.com/_Wt9bhJccdPw/SJhQdrwvlxI/AAAAAAAAFYc/wjtYzvFd3b0/s400/Advantest-Logo.gif
http://4.bp.blogspot.com/_Wt9bhJccdPw/SJhQOusjpmI/AAAAAAAAFYU/287Iqoav4_A/s400/ATE.gif
Linkit tähän tekstiin
Merkinnät: AdvanTest
BlueCoat
http://3.bp.blogspot.com/_Wt9bhJccdPw/SJT2Mb_TNyI/AAAAAAAAFWI/cqhKcrn16R0/s400/BlueCoatLogo.gif
http://2.bp.blogspot.com/_Wt9bhJccdPw/SJT2UJpvN8I/AAAAAAAAFWQ/rsTPpj7Cs5E/s400/BlueCoatLogo2.gif
Being a young and rebel like James Dean againts for market downside impulse over the rainy saturday night I am ending one another bullish stock, not surprize, again something you put in to your computer room rack, accidently looked tech stocks again.
Let´s say this way, the setup is not as perfect as Juniper was and market situation won´t be at your side much to hunt upside breakes now & this can still make one wave downside, but it´s very strong argument to suggest it would break upside and one reason for this is the time wedge has took to build, it´s progressed very far allready. I think I might go long with this one as after cisco long position have not anything else.
Besides, after some I did some additional re-search I am running with that CSCO long over the earnings also IF qqqq will not rally significantly higher before thuesday. For CSCO 21.68 $ is good price entry, it might sell that price again on next week, I did my entry 21.70 and 22.80 $, keeping very tight stoploss at 20.50 $ because of QQQQ wave 4 (or 2) wave position.
Alternate for this BlueCoat would be that previous bottom ended wave 3 and next movement up would be corrective 4 up now to plunge wave 5 down to the wedge, but in the case we should have at least basic a-b-c letters for the wave 4 and I cannot see them instead one direct movement up & then bullflag. There´s no room for corrective C wave to the upside anymore, it would blow-out from this pattern and they never come back anymore after breake occures.
Additional comment; Market openened and it seems bluecoat trading lower, this is very good pattern, but it´s better to give it go lower wedge line, good RR entry setup propably not available before that happens.
http://4.bp.blogspot.com/_Wt9bhJccdPw/SJT14Bpx3HI/AAAAAAAAFV4/JEP3TFq0DXY/s400/BlueCoat.gif
http://2.bp.blogspot.com/_Wt9bhJccdPw/SJT2DtWhtbI/AAAAAAAAFWA/QNHSprLtNMI/s400/BlueCoatChart.gif
Linkit tähän tekstiin
Merkinnät: BlueCoat
Cisco, CSCO
http://3.bp.blogspot.com/_Wt9bhJccdPw/R9Pc_Crp8iI/AAAAAAAAB74/EikMGN9LU1M/s400/CiscoLogo.gif
1.8 - 2008 Hmmm, it seems I need to check my older SOX & SMH charts to found if these setups has come true. Cisco is also down 8-9 $ since posted this chart. Its´reporting next thuesday and I am not going long with it anymore, in fact just executed it away. This pattern can blow either direction, HS looks like it would be ready for downside allready, but if it fails in here, then huh, It would be C/3 downside. Lowest chart is most interesting even it´s old, because 21 $ should offer core bottom and this where I bought it, I believe it should go 24.5 $ which still is +10% movement and even a bit more with earnings releast if positive EPS + Conference Call comes, but technical point of view not very good risk-reward in here. If this fail now and it´s just another simple a-b-c pattern, drop down could be massive.
Personally I believe it´s offering C wave up of B - which will be marked at 38.2% / 24,5 $ after earnings, but likely going to skip this one. Not just Bee´s for me thanx.
In fact, I believe there´s chance that this Cisco reactions offer´s us QQQQ 46,90 bear rally which also ends this wave where this market has been taking zigzag steps for weeks and next impulse down opens. If that happens, next day might come a bit surprize for many if cubes makes it´s reversal & turnaround in the middle of it to start new downside impulse.
We´re so close of flames allready, so is it going to be 3&3 or 5&5 ? Some market partipants believe also we´re entering minor bear impulse 3 of 3 down next and only wave 1 of 3 at so far progresses since spring reactionary B wave., that would be perhaps too nasty.
That AKAM work below was master work from me, shame I wasn´t short with it.
My all holdings are executed, finished rest of them at this morning, funny thing that CAMD and TSL came pretty much 0 % income, while I thought those could offer most powerfull waves, but all the rest between 10-30% - not bad in bear market in just a few months holding. ECPG and CYTK were the best performers. I am entering trading mode now if any & hunting place to short. From Dow Index I am bearish with names like Catepillar, Foster Wheeler and JOYG Mining which offers some of the most dynamic down trends., but propably ending bear ETF + Index shorts to avoid fundamendal risks.
Technically 121 $ for oil is strong temporary support, which I believe going to hold some time (haven´t look it for week what does it actually doing, but this comes from my old memory where waves were set. I have only laptop with me). Counter trend corrective at maximum is 127 $ now, but main trend remains bearish, 109 $ likely coming and even lower. High beta anywhere means allways and usually price crash at the end, nor matter is it oil or dotcom era we´re dealing with.
One addition to this text before weekend, cisco has came down pretty lofty since & offering again 21 - 21.80 $ bottom price. For rapid moving trader this likely mean doublebottom in here, but the risk might stand more with an issue we could see that rally in aftermarket after earnings and next day could be different story with QQQQ, but I am long with it now & over the weekend as trading position.
http://1.bp.blogspot.com/_Wt9bhJccdPw/SJJVXJOAq7I/AAAAAAAAFVw/j7-bE0Gr3TM/s400/CSCO.gif
27.5 - 2008 Cisco EW update.
http://2.bp.blogspot.com/_Wt9bhJccdPw/SDwLt1hol6I/AAAAAAAAEqU/gQo6bWw39kw/s400/CSCO.gif
19.3-2008 Cisco Elliott Wave Charts.
http://1.bp.blogspot.com/_Wt9bhJccdPw/R-B4XUbdcLI/AAAAAAAACBg/txQUzrPlyVw/s400/Cisco2.gif
http://1.bp.blogspot.com/_Wt9bhJccdPw/R-B4KUbdcKI/AAAAAAAACBY/MPhmmKmU58A/s400/Cisco.gif
http://3.bp.blogspot.com/_Wt9bhJccdPw/R9PcoCrp8hI/AAAAAAAAB7w/CM22x90KVAM/s400/Cisco4.gif
Linkit tähän tekstiin
Merkinnät: Cisco, CSCO
Akamai (AKAM)
http://1.bp.blogspot.com/_Wt9bhJccdPw/RuiFfw3fXSI/AAAAAAAAA3I/KtmPJ8HEk24/s400/AKAM-LOGO.gif
1.8 - 2008 And it ended for tears today offering impulse wave 3 down, down -25% & closing around 23 $. I am just reminding myself in here how important is to recognice any diagonal actual wave positions and what will happen if you get wedge approach is only A wave...
27.5 - 2008 AKAM EW Update & Re-count.
http://1.bp.blogspot.com/_Wt9bhJccdPw/SDvii1holyI/AAAAAAAAEpU/kqal8PWnRc8/s400/AKAM.gif
9.3-2008 AKAM
http://2.bp.blogspot.com/_Wt9bhJccdPw/R8ToxcG2SgI/AAAAAAAAB04/-roKHgEfOeY/s400/Akamai.gif
Linkit tähän tekstiin
Merkinnät: Akamai (AKAM)
QQQQ
QQQQ 46.90 on the way
Sun disappeared, so quick visiting. This is my cubes target now. Then we crash new lower lows.
I am going to sell this upcoming rally which I had been expect to happen several weeks, leaving nothing to long side in my portofolio, not for the reason I would not see Sox & Smh as attempting as mentioned earlier meaning downside is very restricted in this particular area, but there´s just no reason to stay at the wrong side if you´re able to switch. I expect this target to be happen during first 2 weeks of august - it could come in just a few days, none of the whipsaws later does not disturb me after - so, this is not day view. Actually
There´s another possibility which is going long with SKF or short with UYG, good hedge or protection for portofolio also - but this cubes target need to be happened first. QID is bear ETF for QQQQ and SSO for SP-500. Plenty of ETF´s also for bear side nowdays available. I believe there´s also counter trend reversal for oil coming when market reach this cubes target.
As allways, I believe I am usually ahead of the market and want things keeps that way also.
July-August rollover propably stays bullish mode now. Shame I left yesterday, because I was planning to go quick and short long side with UYG for a few days - but finally decided wave 4 is a bit playing with fire, so, I decided avoid to go too close of flames.
Going back to archipelago, have a good weekend in the case I am staying out.
Linkit tähän tekstiin
Merkinnät: QQQQ
Palomar Med Tech.
http://3.bp.blogspot.com/_Wt9bhJccdPw/SFWfivZZFoI/AAAAAAAAFHU/WjHaVefzDrs/s400/Palomar+Logo.gif
http://3.bp.blogspot.com/_Wt9bhJccdPw/SFWfo_xM6dI/AAAAAAAAFHc/pNVE7lkPrh4/s400/PalomarLaite.gif
25.8 - 2008 I offer this chart again as it was originally posted month ago to bring it back to the daylight from the bottom of my blog. Stock broke up to the 12 $ . I believe there´s corrective wave 2 down now coming, but it should not go inside to the triangle anymore instead stop right to the upper channel - this is maximum downside scenario for palomar & wave 2, it can also come shorter like SMA50 area turnaround. After this wave 2 is cleared, PMTI should start working and travelling inside to the more agressive and longer lasting upside impulse as wave 3.
Another very good diagonal case is my CYTK, a bit different because it has not progressed this far. It´s up now from 3 to 5 $ dollar since charted it, but resistance line is also very close now and I don´t think it is ready to breake yet, it propably need to do it´s "W" pattern to finish last wave completely.
http://3.bp.blogspot.com/_Wt9bhJccdPw/SFWe7EWTi_I/AAAAAAAAFHM/VXkdsF_GEpM/s400/Palomar.gif
Linkit tähän tekstiin
Merkinnät: Palomar Med Tech.
Juniper, JNPR
Got long with it, at 21,68 $ (again, 682 fibo prices for me). It´s down over -5 %, but I know what wedge can do and what not. Not going to sell this stock anymore, even it would go down to 21 $ re-touch. If we are very lucky, stock would go down now another 5 percent during the afternoon, which would be extremely bullish sign for earnings release.
Linkit tähän tekstiin
Merkinnät: Juniper
Imclone + Juniper Networks
Hmmm, it seems I just not end much bearish when looking tech´s, now same with Juniper routers. I am also bullish with cisco. Juniper reports tomorrow after market close. Even, it would go down, I don´t think it can breake this pattern downside, in that case around 21 $ very likely would be bottom. Imclone instead seems more danger for me, even pattern is not very perfect, but clear enough that it´s building bearish wedge, but that juniper does not have much time anymore before diagonal is closing and it´s clearly allready with last "W" pattern progress which is allways wave 5 position.
If we take a look longer view it supports the idea next ideal wave should be fifth wave upside impulse upside, but even with impulse case, it can easily make exactly same as adobe & autodesk - meaning, it´s just parking to 21 $ position and not moving anywhere at all - nor up or down, just waiting until market downtrend is over and then going to progress upside impulse. However, for longer portofolio risk-reward should be decent in here by technical point of view. I am going long for Juniper, actually I decided to switch NOK position for it, it offers but better technical view for next autumn + rest of the year, because wave 1 position is clearly impulse wave indicating long term trend should be up and 5th wave should be next minor wave position. Stoploss 20 $ area should be enough. I hope it would sell much lower tomorrow before yearnings release, 21 $ would make it perfect, because if it´s not offer second touch for 21 $, most likely there´s one wave 2 position which does that after earnings release, those wave 2 postions just come in this bear market very deep and even try to overlap wave 1 positions. We had seen this with so many stocks: TrinaSolar, Adobe, Autodesk........go and hit it, I can take the heat, you just need to know where this critical bottom testing place is located for each individual cases and I believe it´s 21 for Juniper.
Lowest chart belongs for Imclone.
http://1.bp.blogspot.com/_Wt9bhJccdPw/SIfWNkRFU_I/AAAAAAAAFU4/-RNDBIWozA0/s400/Juniper1.gif
http://2.bp.blogspot.com/_Wt9bhJccdPw/SIfTsSGDfzI/AAAAAAAAFUo/9d5q0BXKZaM/s400/Juniper.gif
http://1.bp.blogspot.com/_Wt9bhJccdPw/SIfUQ9UA0FI/AAAAAAAAFUw/sls-BdP_N7g/s400/IMCL.gif
Linkit tähän tekstiin
Merkinnät: Imclone + Juniper Networks
Short
It seems we came down, then up again, but I´ll stay hedged mode now against of my longs. Long waited hedgepanic seems to be true now (finally) with CRB related & Oil area.
Short
Market has allmost reached now 1290 which is 38.2 % fibonacci retracement.
I am going to leverage shorts, I won´t take my chances that this wave 4 would finish in here, either the case next movement should be down. Market has rallied enough for 2 days to consider it´s only reactionary wave. Too early to say are we going to turn in here.
QQQQ 45.60
Linkit tähän tekstiin
Merkinnät: Short
Apple
Old sentence says apple won´t falls far away from tree. We´ll see, got long with it allready from 148 $ (wave 2/c).
I don´t think market is going to fall much further yet, it´s just basement building and consolidation from last week rally and this consolidation might takes rest of the week, but should be start taking some lazy and violence upside bear corrective letters. CRB index & & Oil & Utilities related products are more shorting candidates. Actually, I hope now my Adobe would take deep wave 2 down before Q - it would open chance for upside reaction with EPS news.
http://3.bp.blogspot.com/_Wt9bhJccdPw/SIX6RYWSmDI/AAAAAAAAFUQ/3_lRk8YDW0c/s400/Omena.gif
Linkit tähän tekstiin
Merkinnät: Apple
Autodesk, ADSK
Back to earth then, it traded right back to my starting point in aftermarket Well, I suppose with QQQQ reactionary wave 4 not so many stocks want to go upside. Actually I didn´t give it away, instead parked it to my portofolio. We´ll see if Adobe is going to do the same.
Twins case with Adobe, mentioned this one also allready too many times. If you prefer, you can count more exactly next impulse - I am not interested subminuettes so much. I believe 44 $ is next 3&3 and fully impulse ending 55 area.
There´s very likely at least one small bullback coming, same as for adobe, which should be wave 2 and offer another entry gate for long position. Failure would be 33 $ as previous bottom break-down.
I did master work with these, but if you take a look lower charts and I mean PBY, ECPG charts it seems I ended same old mistake again. In ending wave 5 diagonal the very last wave 5 allways take "W" format before going out from the pattern, first touch to upper line is allways fake - actually I mentioned this possibility with PBY, but forget it to mentioned again with ECPG, well, it does not matter anymore as both were pretty much lifecycle charts including many years of data and they both broke allready upside, besides there´s far too many those small stocks offering exactly the same bullish patterns now to choice & start posting.
http://3.bp.blogspot.com/_Wt9bhJccdPw/SIOeCfTwePI/AAAAAAAAFUI/alw8vkx4Q3g/s400/ADSK.gif
Linkit tähän tekstiin
Merkinnät: ADSK, Autodesk
Adobe, ADBE
So, here it is - I talk far too much about this stock, but talking time is now over. If there´s one tiny pullback coming as wave 2, that should be another&second entry gate to go long with it - then, we should go.
There should be from 4 to 6 impulse waves 3 impulses behaviour behind of it with different timeframes. If previous 38 $ is violated downside, all of my adobe hardcore work would be complet failure, that´s also area where my stoplosses are set up now, but I am planning to add from next bullback, even from very tiny one´s.
http://4.bp.blogspot.com/_Wt9bhJccdPw/SIOWz1bzwlI/AAAAAAAAFUA/lH5JtXoVpB8/s400/ADBE.gif
Linkit tähän tekstiin
Merkinnät: ADBE, Adobe
Nokia
One update (again) for Nokia, my workstudio tells me nokia is working with subminuette 3 wave up, ended subminuette wave 2 when re-touched 17.10 euros. As mentioned allready target area 17-19 for multimonths, but I believe now it´s going to reach 19 euros during july-august. Bullflag confirmed very quick and rapid wave 2 allready. Nokia harmony number is very unrare, I haven´t see many stocks progressing this path. This is pretty powerfull call, because after reporting Q it reached 17 euros.
This is my summer gift for europeans as I don´t usually follow much EU stocks. That´s euro calculation, BUT here´s US $ based chart and middle-time frame target area. Note that target should be met even with nokia would work only with B corrective wave or even complete diagonal would be just wave 1. It really would not surprize me to see B wave to happen with impulse mode as it seems now. Nokia is very odd company by charting point of view, it might be related to the issue it´s main currency is euro to trade in europe.
However, my work suggest it´s progressing with impulse mode now, so I must prepare for possibility this is also longer term turnaround for nokia. If you want to spot another, lower resistance from US chart, it´s located in the lower wave 2 linear line.
But end of the day, it´s just one another diagonal, nothing more & nothing else and as simple as that pattern is.
http://3.bp.blogspot.com/_Wt9bhJccdPw/SIKc9h8UlNI/AAAAAAAAFTo/YR8lhbJrWb0/s400/NOK.gif
Linkit tähän tekstiin
Merkinnät: Nokia
California Micro Devices, CAMD
http://1.bp.blogspot.com/_Wt9bhJccdPw/SIH857JW_nI/AAAAAAAAFTg/NsQYREKqp-Y/s400/CAMD-Logo.gif
It´s too early say can this ending wave 5 pattern breake out yet, but at least it should achieve upper channel now. If it stops without able to breake upper channel, wave 3 down would be then placed where I marked wave 5, meaning extended wave 3.
If "bear" case is issue, next upside impulse wave is only wave 4 and wave 5 still coming downside before wedge is closing and solving this pattern, but together with that macd and RSI we can try as both alternatives pinpointing to the same direction. I would not like to miss this, pattern is pretty big and powerfull when it´s ending. All these stocks are next week earnings cases.
However, that wave 4 came pretty complex allready, indicating that this impulse might be ready. If it breakes above, it´s then time to look at it more deeply what waves this pattern is actually solving out from the longer history. One small tect stock and at least upper channel should be reached.
http://4.bp.blogspot.com/_Wt9bhJccdPw/SIH8vvTO6hI/AAAAAAAAFTY/3Hg7ZiAgsbM/s400/CAMD.gif
Linkit tähän tekstiin
Merkinnät: California Micro Devices, CAMD
Weekend + SP 1290
Ah, finally weekend.
QQQQ, my thoughts are that rest of the july we don´t move much anymore with progressive direction, market is working reactionary wave 4 which very likely going to take more complex method instead something very simple like a-b-c-. I think this is better time for intratraders, scalpers, bollinger band boys etc. while we consolidate (zigzag) and not making so big movements anymore, but end of the day not much progress - just shaking. May I add that certainly I would not buy my idea also that we stay here, while bigger impulses still keeps velocity downside, upside "risk" is also very limited, but at least it´s exist.
Beginning of August or during the August I expect this reactionary wave to be finished for 47 - 47.50 area, so see in here that I wait one another higher high blow-out nor matter what happens during the end of july.
Then we can take the rest down and finish this bear market and we´ll see also how far we go, bear in mind that in theory all EW chartist can make mistake in here and there´s still possibility wave3 could extend which would push us much more lower as no-one expected, when the next impulse wave starts - there´s even possibility it could be first impulse wave 3 down. I don´t think this is the issue but when we will reach end of this reactionray wave market knows this possibility and wave 5 can come pretty powerfull, however, consolidation between stocks will be propably seen now on and good times for longer timeframe pickers, there will be a lot of experienced fundamendal buyers out there now and oscillators has confirmed turnaround allready - meaning real investors and many quarter swingers who prefer to buy blood on the street acts now (even I didn´t see that blood yet, just falling banks).
Actually this dowside was not so bad after all when looking back now, it´s was very much financial stock related - I expected it could come much more violent for tech stocks also.
To express this simple way, QQQQ turned from 50 % fib cycle retracement as 44 $ and that´s our bottom now, which should keep until wave 4 is fully done & finished.
I just figured out also I missed very simple and good buying place when not taking any financial stock longs, it´s certainly most shorted area and new SEC rulez started cover panic and I am envy to those percents they go, UBS investment bank alone from 21 to 27 $ in a just few days and I even charted it just month ago.....well, one guy cannot run to each corner....
Minium Target for SPX 1290 for wave 4.
Linkit tähän tekstiin
Merkinnät: Google
Nokia
Increasing my target to 17-19 euros area and I believe for long term investors buyzone was placed in here. The move I wanted to see after 17 euros is reached, if it´s able to breake, even with 10 cents, this opens path much higher. My TargetPrice for 2009 is 27 euros, but for next multimonths I believe Nokia stays between 17-19 euros. Still long with it.
Another update: One small failure in here at so far and that´s xilinx, executed it. Also going to lock Altera profits today and many other´s also, 2 mad rally days is just enough for me when indexes are working only with reactionary waves. Nasdaq is allready up 25 points and dow over hundred, if you add for that yesterday´s rally we should have at least one A wave in here and I don´t need calculator to understand it. I called market temporary to come and turn with qqqq 44 and it came 43.50, bouth deepest bottoms market offered and called corrective reactionary wave to go 47. Today it went 45.78.
I prefer to left some room as many propably have noticed. Still believe also that qqqq 47 or close will be reached but I don´t want to be there when and if it will reached, but better be sure, besides my stocks setups allready blowed up between 10-30 %, all of them besides xilinx and intel came a bit shy.
Going to waiting mode or & and to hunt either new invididual stock setups or new place to entry short market, but I don´t believe it´s going to happen today or tomorrow either. Market propaply takes one small b wave down and blows up another C wave, but that´s only positive scenario and it would also end this reactionary wave rally.
The fact is that even with individual stocks upside impulses as wave one up to wave 2 down can allmost overlap wave one meaning that they can take allmost double bottom, nor matter is there impulse wave 3 progress behind of them, but I´ll keep TSL & SOLF and I am ready to expect situation if they will take wave 2 down now-on, just sold call side options of them.
No reason propably to worry (yet), I am just allways early birth, but indexes have still long way to go down.
Linkit tähän tekstiin
Merkinnät: Nokia
Nokia
http://1.bp.blogspot.com/_Wt9bhJccdPw/SGXBLZ6Av3I/AAAAAAAAFMQ/mbtSs4qbCJU/s400/Nokialogo.gif
16.7 - 2008 I need to change my opinion in here a bit, I still think this is a bit more risky long entry as Altera, Intel, Adobe, Cisco, Xilinx, KlacTencor, Autodesk or any other similiar semi & software stocks bottom I am bullish with, but there´s possibility that Nokia could start new impulse wave from here, chart is not updated as stock has not moved much since this post, earnings release will be thursday from europe while US still sleeping. If this fails, the yellow linear line will be very likely met to put bottom for nokia, but I believe now nokia chart doing exactly the same as all the other´s (meaning stocks mentioned). My first upside target is now 17 euros, so it´s as concervative as Intel target. More interesting as my target price is how the price perform, if I recognice any impulse method, I might keep this stock a bit longer.
If I recognice only 3 method upside progress (a-b-c) after earnings I call it just another B wave meaning nokia multiyears chart is working with complex sideways, even double or triple tree pattern. Either the case is, I am slightly bullish with it now and expect upside reaction & behaviour. This will be fast over the earnings trade, perhaps just a few days or overnight, even it would go much higher I´ll propably roll my positions back to US, I am not very interested to follow multiple timeframe markets, but long with it allready as mentioned before, let´s call it rainy summer trade. 78.6% fibonacci retracement sounds for me just a bit too bearish view at this stage to call in.
In percentage terms, I would say 70% chance for corrective B upwave and 30% chance for new upside impulse wave. Bearish scenario is marked to the chart, but my bullish view is suggest now a-b-c corrective letters down where last c wave allready is broken to fully impulse meaning end of it.
Additionally no need for chart, but another SOX stock, Xilinx (XLNX) is similiar case as Altera was, it´s reporting on thursday also and buy zone was today - none of the plusside cannot be bought anymore, when index working only reactionary wave these stock need to be bought only from ultimate intra bottom and still if being right capital gain can be come very sligt and tiny one.
28.6 - 2008 Reactionary B wave rally watch case. If it sells 21-22.50 $ area, buy it.
http://4.bp.blogspot.com/_Wt9bhJccdPw/SGXAuAcwUeI/AAAAAAAAFMI/rAPXxIrPqzk/s400/Nokia.gif
Linkit tähän tekstiin
Merkinnät: Nokia
Altera
Bought it at 18.68 $. (I like .681 prices....). Actually it was down only -1.7% but fair enough for me to fulfill C.
Novellus, Xiling, Adobe, Autodesk, Intel, Klac............sox & smh just won´t go down together with market, either we stay in here or we go up. I think this is pretty good place to collect this business area for longer term portofolio, even financial stocks would bail out or go to the zero.
Linkit tähän tekstiin
Merkinnät: Altera
Altera
15.7-2008 It´s a bit freaknomics to work for a while opposite as market is heading down, but at so far my I don´t have problems with Sox & Shm stocks, but indeed these upmovements are very slow and difficult to progress, but I don´t see any other method if you bored for shorting.
Altera is going to report tonight and together with other big sox stocks setup seems something similiar, but note that these upmovements might come very tiny one´s. If Altera will plunge today 18-19 area before earnings, I might go long with it. KLAC is another.
Trinasolar is my biggest long position and heading up, no matter what does it do at daily basis.
http://3.bp.blogspot.com/_Wt9bhJccdPw/SHyuHPU8nSI/AAAAAAAAFSo/pwswnGnSBEw/s400/Altera.gif
Linkit tähän tekstiin
Merkinnät: Altera
Bullish
http://3.bp.blogspot.com/_Wt9bhJccdPw/SHtHxmFDHoI/AAAAAAAAFSQ/KhaU70f0BHQ/s400/1.+el%C3%A4v%C3%A4n+poron+sarvet.gif
I added Nokia (NOK) to my bullish position today, from european market - going long with this also over earnings now.
Intel, Nokia, Adobe, Autodesk, Apple and Cisco, Agilent are at so far biggest tech stocks I am very bullish with from here. It might be klac, lrcx, ffiv and other similiar Sox stocks have same EW setup now, but I haven´t worked much recently since weekend was decent wheather.
Propably will do some EW work at least with FFIV soon. Moreover, my recent charts below including TrinaSolar, Cytokinetics should start working from here. Many market participants seems to looking for Vix panic low over 30 for monday, but I seriously believe now that last week deepest plunges were right place to buy one corrective snap-back rally which is coming up, at least with individual stocks as examples mentioned.
If this market will plunge hard again on monday, I will propably just look to take more Sox & Smh related long positions.
DUG chart is for me very bullish now, meaning bearish view for Oil and I do expect eurodollar to take impulse wave 3 soon opposite direction meaning strong US dollar and weaker Euro. There´s possibility next eurodollar movement will be 1300 pips to the 1.47 level - this gives a bit distance, so I don´t care much anymore what does it do between 1.60 and 1.62 if it reach this high levels. The fact that Oil reacher higher high last week didn´t change individual oil stocks technicals anymore, they´re falling now.
However, I don´t buy any rally from here either and I do believe last week deepest plunges were right time to go in for this reactionary wave (if it comes now) but as mentioned earlier SOX and some special Software stocks have completely different EW setup as overall SP500 index or Dow does and still I do expect them to see much lower lows. Still keeping QQQQ 47, perhaps 47.50 as temporary target.
Linkit tähän tekstiin
Merkinnät: Bullish
Cytokinitecs
http://3.bp.blogspot.com/_Wt9bhJccdPw/SGcNct6bxNI/AAAAAAAAFPw/pEXuFdH62g0/s400/cyto-logo.gif
9.8 - 2008 Dude, finally plus day, I think this market has been work over week now to make temporary bottom, uh, that minor bear wave just didn´t give much chance until today actual reaction came. Many propably have a lot of stocks to watch in here as earnings rolling in, but may I take one small stock from my earlier setup to the spotlight again. It´s 4 $ now. I might come as extremely lazy during this earnings season, certainly not going to code during july and certainly not going to spend much time inside either. Actually I hardly check market opening and closing points if either, but I am bullish with many individual tech´s over earnings. Those other similar setup & charts posted quote same time ie. PBY, SNS etc. propably turned now also for next up wave, but there´s reason to be carefull, my QQQQ count suggest next downwave will be actually 3/3 impulse wave, meaning extreme deap bluesea plunge, however this recovery might takes even several weeks, perhaps July ??? to progress and certainly I want to open shorts also again, but higher.
29.6 - 2008 Hmmmm, it seems my nasdaq wave machine founded during the night pretty lot of rally papers, I wonder if this market is temporary bottoming in here also, QQQQ 44 is fib number. Either way, my maintrend view stays down, but as mentioned earlier we might take some pause and even temporary upwave on next week - either way, should not be problem for shorts either, this is still bearmarket, nor matter where we go.
Btw. something is happening with SMA-50, a real lot of stocks sleeps just above of it, this one too - should be decent platform and I have no problem at all to buy these small diagonal bottoms for longer hold from here, my favorite patterns one´s as many know allready. I think I might have a few real impulse 3 starters more for you to consider, but I need to do some additional check first, I will post them on sunday evening or sunday night.
http://4.bp.blogspot.com/_Wt9bhJccdPw/SGcMq6FzxpI/AAAAAAAAFPg/xjNjb0cCtGM/s400/CYTOKINITECS.gif
http://3.bp.blogspot.com/_Wt9bhJccdPw/SGcM9qF3_1I/AAAAAAAAFPo/LKf0h6tMYrI/s400/CYTOKINETICS2.gif
Linkit tähän tekstiin
Merkinnät: Cytokinitecs
SP500 1262-1268
My all shorts are covered now. I will open them again later, but I do start to expect temporay now reactionary impulse upside and most likely will take some more tech´s 2 of C´s in. If I don´t find any certain enough, I´ll add Adobe & Autodesk - very please they chart reaction during last 2 days since first buying.
Maintrend is still strongly down and only bear rally possible if any. I also believe that QQQQ 44 will give a pause even there´s some leg left to travell still before it´s met. We are inside of minor downside impulse, so this call can easily fail and week ending lower lows and I am certainly overall bearish.
Much more interesting issue is that Canada has FINALLY rolled over just a few days ago for decade and Coal + all mad commodoties FINALLY started to come down. Only CWEI from nasdaq is down now -10 % to mention one ending wave E extended impulses. Peak of commodites is propably very near or we even just rolled over. Take a look now HES, MOS, POT, XTO or any similiar chart and you will spot the same. This is the next area to take shorts and for a real loooooooooong time. I don´t think this is temporary behaviour, they oscillators had been falling from very far away and only first price reactions has been seen in here.
I should watch these week earlier, but I had been just coding so much. It seems pretty serious rollover and I believe during rest of 2008 real hedge-panic will be seen in here. Many market participants are at the longside with commodites here after years of bullmarket. One of the best folks in this indursty, Mr. Jimmy Cramer ex. co-partner of George Soros is also one master of timing with commodites and he mentioned allready that next bubble will be in this area and it´s pretty close allready.
However, may I also add that it would be very danger task to do, to try short very last island - those E wave patterns can easily blow off your shorts and just better to wait decent rollover to occure and it occured now, these offer so much and for so long. With this incident I must also reverse my gold & silver view, I don´t see them anymore as safety bunker from market down tunnel. This is very bad news for Canadian markets - even I don´t follow it much I believe it´s arsenal of coal indursty...
Mineral doesn´t concern most of us private persons, but for hedgefunds & funds, this is terrible incident and nightmare, that area has been last safety resort to park while stockmarket is coming down together with housing assetts and party is over now boys - it went too crowed.
You might get some correction´s from there now or not, but next months will propably give you only reactionary B waves. However, I think worse times not come before SP500 & QQQQ has found their bottoms, meaning C impulse wave down in that department. Also I do expect their volalitilty to come up very dramatically, there willl be temporary reversals or should I say "mineral raves" where market participants fights weekly after weeks some time before new direction is fully confirmed and most agressive smaller size rapid daytraders will hit the tape & join to that volatility so there will be liquid also.
I also looked closely today my UBS chart and it´s just normal impulse which is going to take extended mode sooner or later - so, if one prefer to avoid suicide, skip it and wait untill wave 5 fully progressed.
No mercy, nor place to hide for any money - pretty tought times!
For US peoble, happy 4th of july as independence day, we europeans steps out now and leave market solve the rest of of it´s downroll, I am still expecting very quick and short reactionary upwave in coming weeks and keep that Adobe & Autodesk position - but they might sleep without progressing until earnings news. Final target as QQQQ 37-38 remains, seriously not going buy mode before that happens and I´ll most likely open long shorts again for SKF (ultra inverse financial ETF) and for similiar inverse products if I´ll find this market higher enough.
You might remember that last winter US dollar against of euro took it´s first impulse down, meaning from 1.60 we came 1.55 level (stronger dollar, weaker euro), since then allmost nothing has happened between these paritet, only US dollar has been weaking by wave 2 progress around 1.58-.1.59 level.
Next minor wave will be impulse wave 3 and this also means dollar should start to get stronger from here, for this reason all metals and minerals should start weaking.
When this progress starts fully, minerals party is over and for a long time.
Linkit tähän tekstiin
Merkinnät: SP500 1262-1268
SP 1269
I bought Adobe and Autodesk (ADBE, ADSK) from here today, going over with both over their earnings also. Comfortable fibonacci numbers as 34 and 38 below of them.
No time to fill chart now, but as mentioned last time I will expect very small size wave 2 correction during coming summer market correction. My adobe EW work is somewhere lower if interested as well as Autodesk.
Adobe is making very tiny a-b-c correction, it could sell later 1 dollar lower at 38 $ to fullfill C of wave 2 - but I am not after pennies.
These both will propably be lazy to get upside now, as we do get only reactionary impulses upside with index if any, so, might require time - but I believe overall price performing will up upside now-on and I am hunting wave 1 of 3 with some individual techs as price reaction over earnings.
I would not have a problem to buy Intel now either and to star waiting multimonths 22.50 $ breake, but let´s take a look that case when we are closer of earnings release date - Intel propably won´t go over 22.78 $ before earnings.
Linkit tähän tekstiin
Merkinnät: SP 1269
Companie De Minas BuenaVentura
http://3.bp.blogspot.com/_Wt9bhJccdPw/SGj9KstOrcI/AAAAAAAAFQw/zOz-dw2ZsyA/s400/BVN+Logo.gif
30.6 - 2008 Going Latin America in NYSE stocks, there´s one Peru stock offering 50/200 cross more with Fibonacci 38.2 % retracement from taken wave 2 bottom, should mean impulse wave 3 up and at least wave 5 up. Sorry, I don´t have time now to fill and check waves, but decent for me enough.
http://4.bp.blogspot.com/_Wt9bhJccdPw/SGj9Dw3ig_I/AAAAAAAAFQo/mDFRC_8DCgs/s400/BVN.gif
Linkit tähän tekstiin
Merkinnät: Companie De Minas BuenaVentura
Buying doji, Encore
http://3.bp.blogspot.com/_Wt9bhJccdPw/SGg9evAWEdI/AAAAAAAAFQg/peRZQtKtGPQ/s400/EncoreLogo.gif
30.6 -2008 Here´s another one, I believe is starting strong & completely new upside impulse 3 wave and this was bottom, for this stock, it was also ultimate bottom, next bull back will be only wave 4 so take a deep breath, there won´t be pause for a long time if this pattern really wave starts from here.
This is same setup I am waiting for PBY to be happen - well, how counts them, I have hundreds of these to select. Going to pick up this one, but not all them are ready yet to run, like that mercury computer somewhere lower still looks to miss a real big down wave. Btw. I start to like these simple moving average 50 and 200 days crosses with doji patterns, specially when I have pattern to confirm.
That selling power on friday for this stock was huge !
My next coding procedure will be scan out 3/3/3 only starters, so I should jump from these diagonals much further ahead where even more agressive setup will be building later on and diagonal is behind of us allready, for this reason I hope these bullish setups have nothing to do with an issue that stockmarket index is turning upside also, because I actually want to run opposite direction with individual stocks making different direction as stockmarket indexes, this would secure that my code really works not matter what wheather market have. However, I am afraid we are building temporay bottom soon, perhaps allready on next week because too many of these bullish setups appears from my scanner and I also noticed selling pressure for some bottoming stocks I had been watching was huge, not up 10,20 or 30% from normal day, they came abnormal. For instance my Monaco Coach Boomerang pattern saw that pressure on friday.
However, if any temporary reversal appears, it´s too early to call bottom, most stocks will take 78.2% fib out, if it´s not come now (july), then we will cry during earnings season, after it and autumn, but being selective it´s allways possibility to run both directions. Some tech´s are still strong, for example Intel & Adobe, they stays right where they are and had been multimonths and not participating this selling pressure. When earnings season rolls in, I am going to watch longsides via Technology.
Enjoy your week, thers at least 5-6 reasonable new stocks for you posted just in this weekend,
I´ll keep mass chartposting when working ;)
http://3.bp.blogspot.com/_Wt9bhJccdPw/SGg9JBakulI/AAAAAAAAFQQ/ziTEzYVR8HU/s400/Encore.gif
http://3.bp.blogspot.com/_Wt9bhJccdPw/SGg9SqrO3eI/AAAAAAAAFQY/Hsjg1RWtOcg/s400/eNCOREcHART.gif
Linkit tähän tekstiin
Merkinnät: Buying doji, Encore
Masimo
http://2.bp.blogspot.com/_Wt9bhJccdPw/SGguJt3NsHI/AAAAAAAAFQA/r9EsowrIy90/s400/MasimoLogo.gif
30.6 - 2008 It´s sunday night a did a bit more programming today. I actually figure out today that cup & handle and head & shoulder pattern can appear at the same time, funny thing - I never thought it before.
Ok, to add extra technical evidences to confirm rally which this stock is going to take, I don´t think you can have anything anymore in one packet, we have everything placed in here with various different technology starting from traditional support line with those inverted HS + cup&handle patterns. There´s also SMA 50&200 cross occured just on friday and with huge buying volume and that RSI is running far ahead while price just solved fibonacci 34 $ but didn´t run yet.
Thee´s also 38.2 % fibonacci retracement below, which most often occures before impulse wave 3 rally, perhaps a bit too much candy for one kid during the same day.
http://2.bp.blogspot.com/_Wt9bhJccdPw/SGgt_ptpaBI/AAAAAAAAFP4/J4CVoMktCO0/s400/Masimo.gif
http://2.bp.blogspot.com/_Wt9bhJccdPw/SGgv36yQX0I/AAAAAAAAFQI/gJVnD8MupH8/s400/masimochart.gif
Linkit tähän tekstiin
Merkinnät: Masimo
Pepboys
http://3.bp.blogspot.com/_Wt9bhJccdPw/SE8dcQ24P1I/AAAAAAAAFCk/sadR98BYRbM/s400/pblogo.gif
30.6 - 2008 Ok, is about starting time to take a watching this case also again, stock is now approaching it´s pullback to reach 9 $ which is diagonal upper trend channel. It should stop there and if it does, you might have a handshake with much stonger impulse as previous one was. when it blowed out last ime from this pattern. It might consolidate there a few weeks, but pattern size should give it quite a big movement upside, I will most likely buy this also before it´´s Q. Failure case would be falling back inside in to the triangle. However,there´s not need necessary to go this "exact" work to be bottom fisher, each have own habits to work in market and perhaps one might want to see actual price & oscillators confirm first upsideroll, but this is the behavour what I wanted to see and mentioned last update and Echelong (ELON) is very similiar case now. Overall, I think tech companies are going to behave much better as dow or blueships during this minor wave 3 downside rally. Jabil Circuit was certainly one example.
22.6 - 2008 Hmmm, while I´ve been working in recent weeks and month, I think I have some great patterns in warehouse, even they are falling, but usually after taking at least some size of wave 4 to the upside - would not like to miss them on future.
I think this is one of them, after short rally stock most likely marked wave 4 top position and it´s still on the way lower, but I do expect it to stay inside of this pattern, just squeeze very low part of it, one might want to wait to see doji candle somwhere very end of this triangle at lower line sqeeqed bottom, but when triangle closing on future, this pattern should offer very massive upside rally. Jus some small fix for counts should be down my originall post (but still trendemous in percentage terms).
March 2008 marked wave 4 and consider this since then this stock has been working wave 5 down, so it´s progressing pretty far allready - however, it´s short now, but wave 3 should be behind allready, only wave 5 progressing so it´s far ahead of the market.
Note that chart is not updated and there´s possibility my original count was and is correctly placed regarding also for smaller waves, it trades much higher, at around 10 $ and if my count is correct it would next take bottom touch from upper wedge channel line to mark wave 2 there. Market risk-reward just is not very good to consider wave 2 bottom buying. Could be one stock to put alert list.
11.6 - 2008 Pebboys & Market Geometry.
http://1.bp.blogspot.com/_Wt9bhJccdPw/SE8drOcD6PI/AAAAAAAAFCs/-N5d2ryaLok/s400/PebBoys.gifhttp://4.bp.blogspot.com/_Wt9bhJccdPw/SE8d4qRclYI/AAAAAAAAFC0/YQOjFlK_kOI/s400/BebBoys2.gif
Linkit tähän tekstiin
Merkinnät: Pepboys
Mercury Computer Systems
http://4.bp.blogspot.com/_Wt9bhJccdPw/SGcMTBP2-FI/AAAAAAAAFPY/tiB5QN7A9tI/s400/mercurylogo.gif
29.6 - 2008 Mercury Compupter Systems & Elliott Wave
http://4.bp.blogspot.com/_Wt9bhJccdPw/SGcMLIZqcBI/AAAAAAAAFPQ/EsyISSVSkP0/s400/Mercury1.gif
http://3.bp.blogspot.com/_Wt9bhJccdPw/SGcMCUvAhrI/AAAAAAAAFPI/PIVMMthkGiA/s400/mercury.gif
Linkit tähän tekstiin
Merkinnät: Mercury Computer Systems
Extreme Networks
http://3.bp.blogspot.com/_Wt9bhJccdPw/SGcLS3kCh0I/AAAAAAAAFPA/g1FxsGa9RWI/s400/EXTR-LOGO.gif
29.6 - 2008 Extreme Networks & Elliott Wave (or ER...)
http://4.bp.blogspot.com/_Wt9bhJccdPw/SGcLEPZ25lI/AAAAAAAAFOw/xi89nU2YNFE/s400/EXTR.gif
http://1.bp.blogspot.com/_Wt9bhJccdPw/SGcLKZY-GII/AAAAAAAAFO4/VllDutrmZAc/s400/EXTR-1.gif
Linkit tähän tekstiin
Merkinnät: Extreme Networks
Cutera
http://3.bp.blogspot.com/_Wt9bhJccdPw/SGcKB-ha6oI/AAAAAAAAFOo/swMv_AiOjIE/s400/cuteralogo.gif
28.6 - 2008 Cuteral & Elliott Wave.
http://4.bp.blogspot.com/_Wt9bhJccdPw/SGcJ6OVmb8I/AAAAAAAAFOg/-o05Ev0ST1s/s400/Cutera.gif
Linkit tähän tekstiin
Merkinnät: Cutera
Newer Posts Older Posts Home
Intertape Polymer
http://3.bp.blogspot.com/_Wt9bhJccdPw/SGaSx7k_snI/AAAAAAAAFOY/B65WAJe6Pk4/s400/Intertape+Logo.gif
28.6 - 2008 Interape Polymer, IPT - Diagonal Break-Out.
http://2.bp.blogspot.com/_Wt9bhJccdPw/SGaSoFfxWiI/AAAAAAAAFOQ/goCJrdmNgCM/s400/Intertape.gif
Linkit tähän tekstiin
Merkinnät: Intertape Polymer
UBS
http://3.bp.blogspot.com/_Wt9bhJccdPw/SGYhBIXuJgI/AAAAAAAAFNA/gIsdLFtxGuU/s400/UBSLOGO.gif
28.6 - 2008 UBS investment bank presenting physical fib numbers parking places. Also weekly chart reached SMA200 yesterday. I think above 21 $ we have support in here, at least now. Later, waves might extend and UBS will reach even 13 $, but a bit zigzag opposite direction could come before that happens. (Indeed, financial might not sounds like a good idea). In the weekly charts simple moving average 200 days is also there, even I prefer more fibonacci MA´s like 13, 21, 34, 55, 89, 144 and 377 - has been working much better as in recent years 50/200 set - but perhaps it´s offering market to take breath for a while and re-consider current status.
http://3.bp.blogspot.com/_Wt9bhJccdPw/SGYgzArqu4I/AAAAAAAAFM4/MJ-mvi1ePQc/s400/UBS.gif
Linkit tähän tekstiin
Merkinnät: UBS
Universal Technical Institute
http://1.bp.blogspot.com/_Wt9bhJccdPw/SGXC89PG5LI/AAAAAAAAFMo/OY4k37gETIE/s400/UTI-Logo.gif
28.6 -2008 Simple Moving Average 50 just below pricetick in double bullish diagonal bottom together with inverse HS pattern. Should be bullish case. Any failure should keep stocks above 10 $ as inside of diagonal pattern anyway. Reasonable collection of technical incidents for same stock at the same time, should offer additional risk-reward.
I think this market is going to pause a bit, might even try to rally but bear in mind that we are inside of very powerfull bear impulse and in times like these a lot of negative things and individual bad incidents happens every day and week, individual stocks will crash at daily basis together with "market surprizing negative news" and this same wheather is going to roll propably for next earnings season. However, going very selective is also time to start collection future bullish cases, individual stocks still have some own lifes and cycles. After all, should profit movements - not feeling just a fear. If you spot own diagonal patterns, buy only if price is very, very low at the bottom of it. However, I like with this stock also that RSI holds 50 so well and is above of it.
http://2.bp.blogspot.com/_Wt9bhJccdPw/SGXClUY5BCI/AAAAAAAAFMg/QyF-w3zvWe8/s400/United+Tech+2.gif
http://4.bp.blogspot.com/_Wt9bhJccdPw/SGXCQQ83KOI/AAAAAAAAFMY/3goYaDeUkoE/s400/Universal+Tech.gif
Linkit tähän tekstiin
Merkinnät: Universal Technical Institute
Amkor
http://4.bp.blogspot.com/_Wt9bhJccdPw/SFe-izVXwvI/AAAAAAAAFKU/QyAThO-M-W4/s400/AmkorLogo.gif
17.6 - 2008 Amkor Head & Shoulder Pattern (bullish).
http://1.bp.blogspot.com/_Wt9bhJccdPw/SFe-aDHjJXI/AAAAAAAAFKM/g51shgc-ofw/s400/Amkor1.gif
Linkit tähän tekstiin
Merkinnät: Amkor
Jetblue
http://1.bp.blogspot.com/_Wt9bhJccdPw/SFe9i3AAbCI/AAAAAAAAFKE/6f0DzhH9_KA/s400/JetblueLogo.gif
17.6 -2008 Jetblue ending diagonal & solving upside road.
http://1.bp.blogspot.com/_Wt9bhJccdPw/SFe9TIzPDyI/AAAAAAAAFJ8/ILA69n8EieM/s400/jetblue.gif
Linkit tähän tekstiin
Merkinnät: Jetblue
Comverge
http://4.bp.blogspot.com/_Wt9bhJccdPw/SFe8ehrQhxI/AAAAAAAAFJ0/lhk4ihuXYnU/s400/ComvergeLogo.gif
17.6 -2008 Comverge Diagonal break-out.
http://2.bp.blogspot.com/_Wt9bhJccdPw/SFe8Fc3vmRI/AAAAAAAAFJs/PGb9_yIr8k0/s400/Comverge.gif
Linkit tähän tekstiin
Merkinnät: Comverge
Human Genome Science
http://3.bp.blogspot.com/_Wt9bhJccdPw/SFeqnYvg5sI/AAAAAAAAFJU/qHygakjJ0jQ/s400/Human+Genome+Logo.gif
17.6 - 2008 Human Genome Science & Market Geometry.
Bull case, triple correction.
http://2.bp.blogspot.com/_Wt9bhJccdPw/SFeqgHnwi-I/AAAAAAAAFJM/LbvYbLuZOWQ/s400/Human1.gif
Linkit tähän tekstiin
Merkinnät: Human Genome Science
Monarch Casino and Resort
http://3.bp.blogspot.com/_Wt9bhJccdPw/SFeiCJb9_RI/AAAAAAAAFJE/atCXIo7WQ20/s400/MonacoLogo.gif
17.6 - 2008 Monarch Casino & Resorts Elliott Wave.
http://3.bp.blogspot.com/_Wt9bhJccdPw/SFeh3Yxkz1I/AAAAAAAAFI8/BvuXD5l1z3U/s400/Monaco2.gif
http://1.bp.blogspot.com/_Wt9bhJccdPw/SFehwH3vmjI/AAAAAAAAFI0/LtFbSorJQHE/s400/Monaco1.gif
Linkit tähän tekstiin
Merkinnät: Monarch Casino and Resor
Empire Resorts
http://3.bp.blogspot.com/_Wt9bhJccdPw/SFcDO_yGIKI/AAAAAAAAFIE/zcFaKpLpVrM/s400/empirelogo.gif
17.6 - 2008 Empire Resorts (NYNY), possible diagonal break-out.
http://3.bp.blogspot.com/_Wt9bhJccdPw/SFcDY-imF1I/AAAAAAAAFIM/KIwDt8tbBFg/s400/NYNY.gif
Linkit tähän tekstiin
Merkinnät: Empire Resorts
Cit Group
http://3.bp.blogspot.com/_Wt9bhJccdPw/SFV-OpGVc5I/AAAAAAAAFF8/tU4B8UG22hA/s400/citlogo.gif
15.6 - 2008 Cit business financial & loans + waves.
http://1.bp.blogspot.com/_Wt9bhJccdPw/SFWAvB7FhCI/AAAAAAAAFGM/4jkLUWcteWE/s400/c.gif
Linkit tähän tekstiin
Merkinnät: Cit Group
Build a bear workship
http://2.bp.blogspot.com/_Wt9bhJccdPw/SFVwexZ7BvI/AAAAAAAAFFs/5v9MLR-V5os/s400/bearlogo.gif
15.6 - 2008 Kindergarden wave charting school....
http://3.bp.blogspot.com/_Wt9bhJccdPw/SFV1qV2eYeI/AAAAAAAAFF0/_DLY7Dfib3g/s400/bear.gif
Linkit tähän tekstiin
Merkinnät: Build a bear workship
SteaknShake
http://2.bp.blogspot.com/_Wt9bhJccdPw/SFJpL-Cq0LI/AAAAAAAAFEc/GJW9rlqkR3Q/s400/SNS-LOGO.gif
13.6 - 2008 SteaknShake & Waves. It´s missing one minor size wave 5 down, but order in the house, next wave is sizable wave 4 to the upside - right now and right here. Another similiar temporary, reversal & upside wave target should be Geo Group (ticker GEO).
I will open another blog, which is private - only very priviledged group will get access to it, peoble approved & shared their work and interest in area of market geometry as common interest. Caldaro and Steve from Southern California to mention a few great fellows, you will get access and receive e-mail when I had finished my own programming project, my very best charts will be posted there, I´ll add discussion board also (at least what I think are the best). Charts are based for Polygons geometry & EW.
May I also add that this blog is closing in next 34 days, partly because of corrupted XML language which cannot be repaired, I´ll open another blog as public access, but most of the content in there might not be re-listed, if you work with market geometry - feel free to copy content. My next blog is will be much market math & science oriented and include a lot wider area as EW.
http://3.bp.blogspot.com/_Wt9bhJccdPw/SFJpVxBf1PI/AAAAAAAAFEk/rSX0DMUKYhQ/s400/SteakHouse.gif
Linkit tähän tekstiin
Merkinnät: SteaknShake
Chesapeake
http://3.bp.blogspot.com/_Wt9bhJccdPw/SEPMXVhoniI/AAAAAAAAE3U/9z2cW5Hge0A/s400/chesalogo.gif
8.8 - 2008 Added waves for Chesapeake boomerang chart, pentagon expanding channels, marked 4 of them.
2.6 - 2008 Chesapeake as boomerang stockpattern (I gave this name, at least haven´t heard anyone else presents this particular pattern)
http://4.bp.blogspot.com/_Wt9bhJccdPw/SEv9IASKDTI/AAAAAAAAE_4/RwS1krpOctI/s400/c.gif
Linkit tähän tekstiin
Merkinnät: Chesapeake
Jabil Circuit
http://1.bp.blogspot.com/_Wt9bhJccdPw/SENhJ1hom8I/AAAAAAAAEyk/HVVjBVdYpCI/s400/jabil.gif
8.8 - 2008 Fixed yearlier work. There´s no room for even tiny equator angle erros with this size charts. Pattern was and is correct, just didn´t get right waves at first try, they´re placed now & also worked with Jabil a bit more and recogniced & fitted it to the pyramid & boomerang construction. Most likely will walk through over my recent charts during the evening , week & before monday opening, I need to give more attention for most recent waves as I have been so much focused for pattern recognition. Here´s correct Jabil Circuit waves, both charts fixed also.
Overall, I am coming from real far away and long charts to closer in all of my work meaning my trimeframe getting shorter and shorter when times come, but big charts are much more important to know and interest me most. Now I am working with equator eclipse and geometrical tags (longitude, latitude).
2.6-2008 Jabil Circuit & market harmony.
http://4.bp.blogspot.com/_Wt9bhJccdPw/SEvl3Ng2c6I/AAAAAAAAE_w/oF5vJYhYLAc/s400/a.gif
http://4.bp.blogspot.com/_Wt9bhJccdPw/SEvAMyaTkEI/AAAAAAAAE_Q/7RmoPp4yKxM/s400/JBL.gif
http://3.bp.blogspot.com/_Wt9bhJccdPw/SEvGFquDKfI/AAAAAAAAE_Y/grHyOLw0j7Y/s400/JBL3.gif
Linkit tähän tekstiin
Merkinnät: Jabil Circuit
Tumbleweed
http://4.bp.blogspot.com/_Wt9bhJccdPw/SEmiFr-C98I/AAAAAAAAE-U/FwVdbvDfxVY/s400/T.gif
6.6 - 2008 Nice runaway for Tumbleweed today, stock is up 40%, but before we´ll get too exicited with volume over 25 million, let´s take a look what the waves might try to tell us. Such a diagonal suggest another bottom touch to come up or actually complete zigzag in diagoanl before stock is ready to solve it´s road to 6.82 $ where another minor locates. I call this wave 4 as it came so quickly irrational exhaustion - if stock is able to breake aabove and hold diagonal upper line, this wave chart terminates itself, just like they did all the messages in the Mission Impossible.
Market sold very agressive wave today down, this is what you get when main trend is still down with Indexes, all the rallies up are still just c of B´s and every wave artists in this universum knows that it´s just question of the B wave size when this market will trumble down and much more deeper as saw during january-february.
For some weird reason I am still working a serious lot with IBM chart to estimate when this market actually is ready to start more agressive downwards. IBM, it´s big, it´s flat and it´s global. Plus it´s fat balancesheet, dow-30 component. Such a stock won´t do so much irrational movements and this is why it tells the waves more peacefully. (IBM chart somewhere lower in my blog if interested)
If your portolio got hurt today you haven´t see anything yet, but in this competition like in marketplace it´s actually better to wait until serious rollover occured instead hunting orthodox points to inverse & contra and be number UNO in monaco F1, downroll will be so long that jump in to it even a bit wrong time should not bring too much troubles, but expect also volalitet to spike - meaning Vix & Vxn > More Beta, More risk. I haven´t work with index so much recently, but it is possible B is allready finished and we are at Cee.
http://3.bp.blogspot.com/_Wt9bhJccdPw/SEmsziIxQiI/AAAAAAAAE-s/rZrVXyXovAM/s400/T.gif
Linkit tähän tekstiin
Merkinnät: Tumbleweed
ENI s.p.a
http://4.bp.blogspot.com/_Wt9bhJccdPw/SEkbrrHC4kI/AAAAAAAAE-E/4TkmPgYcZbk/s400/enilogo.gif
6.6 - 2008 ENI s.p.a ---><--- Gas & Waves --->---<---
http://3.bp.blogspot.com/_Wt9bhJccdPw/SEkgXk_V4BI/AAAAAAAAE-M/hA9gaJ8dnFs/s400/E.gif
http://2.bp.blogspot.com/_Wt9bhJccdPw/SEkbZZ-Jn5I/AAAAAAAAE90/lKJqeRjw_x4/s400/E1.gif
Linkit tähän tekstiin
Merkinnät: ENI s.p.a
CKXE
http://3.bp.blogspot.com/_Wt9bhJccdPw/SEdH1yP6aHI/AAAAAAAAE7M/nXRlBT0nH5E/s400/CKX-Logo.gif
6.6 - 2008 CKXE as W-X-Y-Z-X Geometry
http://1.bp.blogspot.com/_Wt9bhJccdPw/SEigoFjm3lI/AAAAAAAAE9s/IIAKWHFlsfQ/s400/X.gif
http://1.bp.blogspot.com/_Wt9bhJccdPw/SEiBOhPMZeI/AAAAAAAAE9M/0WS7T5XOYn8/s400/Ckx.gif
http://2.bp.blogspot.com/_Wt9bhJccdPw/SEdJHiP6aKI/AAAAAAAAE7k/2ZGt8T4zvNw/s400/CKX+Hyv%C3%A4ksytt%C3%A4v%C3%A44.gifhttp://1.bp.blogspot.com/_Wt9bhJccdPw/SEdJQSP6aLI/AAAAAAAAE7s/L7xrfm5pmDQ/s400/CKX-1.gifhttp://2.bp.blogspot.com/_Wt9bhJccdPw/SEdI2iP6aJI/AAAAAAAAE7c/TbTZfYxMwIY/s400/CKX+Hyv%C3%A4ksytt%C3%A4v%C3%A42.gif
Linkit tähän tekstiin
Merkinnät: CKXE
Daktronics
http://4.bp.blogspot.com/_Wt9bhJccdPw/SEdd1CP6aPI/AAAAAAAAE8M/ypk6k-rEp18/s400/daktlogo.gif
5.6 - 2008 Daktronics triple or quant diagonal, fixed yesterday chart a bit, unfortunately it´s just reactionary wave, that diagonal have still plenty of work before it´s finished.
http://1.bp.blogspot.com/_Wt9bhJccdPw/SEhzEKPuFoI/AAAAAAAAE9E/lFXwDA2R00M/s400/Dak.gif
Linkit tähän tekstiin
Merkinnät: Daktornics
Digital River
http://3.bp.blogspot.com/_Wt9bhJccdPw/SEd0iyP6aUI/AAAAAAAAE80/AI3YMnQXZLY/s400/DRIVLogo.gif
6.6 - 2008 Digital River & EW (fixed chart)
http://1.bp.blogspot.com/_Wt9bhJccdPw/SEhyhV1NF-I/AAAAAAAAE88/UIXAH7HfsRA/s400/River.gif
Linkit tähän tekstiin
Merkinnät: Digital River
Sanderson Farms
http://1.bp.blogspot.com/_Wt9bhJccdPw/SEdoQSP6aSI/AAAAAAAAE8k/eQIrRERlZ7Y/s400/sandlogo.gif
http://3.bp.blogspot.com/_Wt9bhJccdPw/SEdoGyP6aRI/AAAAAAAAE8c/rKY_gKlZZRI/s400/Sanderson+Farms.gif
Linkit tähän tekstiin
Merkinnät: Sanderson Farms
HooperHolmes
http://2.bp.blogspot.com/_Wt9bhJccdPw/SESBA1honyI/AAAAAAAAE5U/7bzI9zhmbgc/s400/HooperHolmesLogo.gif
3.6 - 2008 The Great Pyramid of Khufu. It looks alike all of these pyramid charts allways build entrance as wave 4 to the right side, just outside of pattern. It´s exact similiar as my other pyramid charts does a bit lower in my blog.
King´s Chamber locates .618 retracement floor. This is not surprizing at all - in ancient world astromers were very skillfull and widely used. Grand Gallery is A-B-C-D-E pattern, where wave E represents long ascending passage. I suppose my air shaft is beginning of of pyramid where pricetick actually subdivded inside to the triangle at start up, I am missing also descending passage but it´s allmost impossible to go negative priceterritory ;).....
http://1.bp.blogspot.com/_Wt9bhJccdPw/SER_mlhonxI/AAAAAAAAE5M/PEBeLKjT1BE/s400/Pyramid.gif
http://3.bp.blogspot.com/_Wt9bhJccdPw/SER_QFhonwI/AAAAAAAAE5E/GsFuBokpaLM/s400/HooperHolmes2.gif
Linkit tähän tekstiin
Merkinnät: HooperHolmes
Adabtec
http://2.bp.blogspot.com/_Wt9bhJccdPw/SEQBQ1honpI/AAAAAAAAE4M/6SFn63ffDrs/s400/AdaptecLogo.gif
2.6 - 2008 Adaptec & Sacrament true.
http://2.bp.blogspot.com/_Wt9bhJccdPw/SEQIU1honuI/AAAAAAAAE40/77_vdBCdDVw/s400/flag.gif
http://3.bp.blogspot.com/_Wt9bhJccdPw/SEQCBFhonsI/AAAAAAAAE4k/jIo-blUXnr4/s400/1.+Adabtec+4.gifhttp://2.bp.blogspot.com/_Wt9bhJccdPw/SEQBk1honqI/AAAAAAAAE4U/YY2n8XoN3dA/s400/1.+a1.gif
http://4.bp.blogspot.com/_Wt9bhJccdPw/SEQBwVhonrI/AAAAAAAAE4c/PxoJG3jmAy4/s400/1.+AC2.gif
Linkit tähän tekstiin
Merkinnät: Adabtec
4Kids Entertainment
http://1.bp.blogspot.com/_Wt9bhJccdPw/SEN0U1honSI/AAAAAAAAE1U/MDot8nhNLz0/s400/4.gif
2.6 - 2008 4Kids Entertainment & Golden Mean + bullish diagonal. There´s totally 8 similiar a-b-c-d-e patterns and I don´t see any reason why it would not be progress such a way next years also. All of these charts I had posted during recent days are bullish starting from boomerang, which btw. also NASA has recogniced as pattern in universum.
http://3.bp.blogspot.com/_Wt9bhJccdPw/SEOR5VhonZI/AAAAAAAAE2M/BiNDQs18R-8/s400/8.gif
http://4.bp.blogspot.com/_Wt9bhJccdPw/SEOH5lhonXI/AAAAAAAAE18/pukGMU-i_24/s400/6.gif
http://3.bp.blogspot.com/_Wt9bhJccdPw/SEOHhVhonVI/AAAAAAAAE1s/pbUbtacEF40/s400/5.gif
http://3.bp.blogspot.com/_Wt9bhJccdPw/SEOXhVhonaI/AAAAAAAAE2U/sEOZYGGH-HE/s400/sun+orbit.gif
Linkit tähän tekstiin
Merkinnät: 4Kids Entertainment
Camprex
http://3.bp.blogspot.com/_Wt9bhJccdPw/SENsWVhonPI/AAAAAAAAE08/t5BlReTPhFM/s400/camplogo.gif
2.6 - 2008 Cambrex & Golden Mean.
http://2.bp.blogspot.com/_Wt9bhJccdPw/SENsMFhonOI/AAAAAAAAE00/qzcSTnLk6-I/s400/Camprex.gif
Linkit tähän tekstiin
Merkinnät: Camprex
Tesoro
http://4.bp.blogspot.com/_Wt9bhJccdPw/SENrelhonNI/AAAAAAAAE0s/RSx4PC2cGfA/s400/tesoro-logo.gif
2.6 - 2008 Tesoro & Market Harmony pattern.
http://3.bp.blogspot.com/_Wt9bhJccdPw/SENq_VhonMI/AAAAAAAAE0k/kSQmboizLrI/s400/Tesoro.gif
Linkit tähän tekstiin
Merkinnät: Tesoro
Ruger
http://1.bp.blogspot.com/_Wt9bhJccdPw/SENqS1honLI/AAAAAAAAE0c/Jf8g_Q_feDQ/s400/sturmlogo.gif
2.6 - 2008 Strum Ruger & Golden Mean
http://2.bp.blogspot.com/_Wt9bhJccdPw/SENp9FhonKI/AAAAAAAAE0U/x_QwhHXzEeA/s400/Sturm+Ruger.gif
Linkit tähän tekstiin
Merkinnät: Ruger
RC2
http://3.bp.blogspot.com/_Wt9bhJccdPw/SENpjVhonJI/AAAAAAAAE0M/DxF2QfKt1MM/s400/rc2logo.gif
2.6 - 2008 RC2 & Waves
http://4.bp.blogspot.com/_Wt9bhJccdPw/SENpPlhonII/AAAAAAAAE0E/uqKNcgKLzqg/s400/RC2.gif
Linkit tähän tekstiin
Merkinnät: RC2
First Cash
http://2.bp.blogspot.com/_Wt9bhJccdPw/SENoyFhonHI/AAAAAAAAEz8/QKqOfi-SAX0/s400/cash.gif
2.6 - 2008 First Cash & Elliott Wave
http://4.bp.blogspot.com/_Wt9bhJccdPw/SENoelhonGI/AAAAAAAAEz0/F297Wdm9rXM/s400/FirstCash.gif
Linkit tähän tekstiin
Merkinnät: First Cash
Collective Brands
http://2.bp.blogspot.com/_Wt9bhJccdPw/SENoBFhonFI/AAAAAAAAEzs/z1lQuhQ6nmg/s400/cb.gif
2.6 - 2008 Collective Brands & Elliott Wave
http://3.bp.blogspot.com/_Wt9bhJccdPw/SENneVhonEI/AAAAAAAAEzk/Y2nU3d4NN_Q/s400/Collective+Brands.gif
Linkit tähän tekstiin
Merkinnät: Collective Brands
Borders Group
http://3.bp.blogspot.com/_Wt9bhJccdPw/SENkRVhonCI/AAAAAAAAEzU/TEWdxjKA918/s400/BordersLogo.gif
2.6 - 2008 Borders with Borders.
http://3.bp.blogspot.com/_Wt9bhJccdPw/SENjnVhonBI/AAAAAAAAEzM/5cAdzfOedKE/s400/Borders+Group.gif
Linkit tähän tekstiin
Merkinnät: Borders Group
Salix Pharmaceuticals
http://2.bp.blogspot.com/_Wt9bhJccdPw/SENjGFhonAI/AAAAAAAAEzE/TEgp9xxKl60/s400/SalixLogo.gif
2.6 - 2008 Salix Pharma & Elliott Wave
http://4.bp.blogspot.com/_Wt9bhJccdPw/SENiulhom_I/AAAAAAAAEy8/8zwgc_T4w2g/s400/SalixPharma.gif
Linkit tähän tekstiin
Merkinnät: Salix Pharmaceuticals
Kemet
http://3.bp.blogspot.com/_Wt9bhJccdPw/SENiPVhom-I/AAAAAAAAEy0/S-j7nsIh6zo/s400/KemetLogo.gif
2.6 - 2008 Kemet & Diagonal/Golden Touch.
http://2.bp.blogspot.com/_Wt9bhJccdPw/SENh8Fhom9I/AAAAAAAAEys/snWsWBenqPQ/s400/Kemet.gif
Linkit tähän tekstiin
Merkinnät: Kemet
DSP Group
http://2.bp.blogspot.com/_Wt9bhJccdPw/SEL9mVhom4I/AAAAAAAAEyE/D0RSCgdJKDo/s400/dsplogo.gif
1.6 - 2008 DSP & Elliott Wave.
http://1.bp.blogspot.com/_Wt9bhJccdPw/SEL9EFhom3I/AAAAAAAAEx8/SSK5Xebo5_g/s400/DSP.gif
Linkit tähän tekstiin
Merkinnät: DSP Group
http://4.bp.blogspot.com/_Wt9bhJccdPw/SELym1hom0I/AAAAAAAAExk/NM_61aJ8n04/s400/Ambac+Logo.gif
1.6 - 2008 Ambac & Elliott Wave
http://4.bp.blogspot.com/_Wt9bhJccdPw/SELyg1homzI/AAAAAAAAExc/fvgTxceVFHM/s400/Ambac.gif
http://1.bp.blogspot.com/_Wt9bhJccdPw/SELySFhomxI/AAAAAAAAExM/kwvKd_y9DbE/s400/Ambac2.gif
Linkit tähän tekstiin
Whole Foods Market
http://1.bp.blogspot.com/_Wt9bhJccdPw/SEKbIFhomrI/AAAAAAAAEwc/wZ7X8ugpU1E/s400/af.gif
http://2.bp.blogspot.com/_Wt9bhJccdPw/SEKa7VhomqI/AAAAAAAAEwU/qp_GWtEG5FA/s400/Keih%C3%A4s.gif
http://4.bp.blogspot.com/_Wt9bhJccdPw/SEKbU1homsI/AAAAAAAAEwk/QVYbj_M4LBA/s400/WFMI.gif
Linkit tähän tekstiin
Merkinnät: Whole Foods Market
Airtran
http://1.bp.blogspot.com/_Wt9bhJccdPw/SEKRdFhompI/AAAAAAAAEwM/PwqzwIC4gT8/s400/AirTranLogo.gif
1.6 - 2008 Airtran Fractals & Triangles.
http://4.bp.blogspot.com/_Wt9bhJccdPw/SEKRU1homoI/AAAAAAAAEwE/KJv9spBOmAo/s400/Airtran.gif
Linkit tähän tekstiin
Merkinnät: Airtran
Monaco Coach
http://1.bp.blogspot.com/_Wt9bhJccdPw/SEJgdFhomkI/AAAAAAAAEvk/pFmbN_CVusY/s400/MonacoLogo.gif
http://2.bp.blogspot.com/_Wt9bhJccdPw/SEJluVhomlI/AAAAAAAAEvs/b-qD6UMADtY/s400/b3.gif
http://1.bp.blogspot.com/_Wt9bhJccdPw/SEJgPFhomjI/AAAAAAAAEvc/nAiyXEYEOxM/s400/b2.gif
http://2.bp.blogspot.com/_Wt9bhJccdPw/SEJnHVhommI/AAAAAAAAEv0/mvqWBn-HvPQ/s400/b4.gif
http://1.bp.blogspot.com/_Wt9bhJccdPw/SEJdNFhomiI/AAAAAAAAEvU/3zawQytPtjM/s400/B1.gif
1.6 - 2008 Monaco Coach & Elliott Wave (Boomerang issue - through it again)
Famous boomerang mathematical issues, seems to be similiar incidents and solutions as stockmarket does
1. The boomerang climbs abruptly vertically and then fall too rapidly.
Type of problem:ThrowingDescription of the problem:The boomerang climbs abruptly vertically and then fall too rapidly.Cause:You have thrown it flat (like a freesbee).Correction:Throw it with a layover of 20° to the right of the vertical. Be careful not to spin your wrist at the last moment.2. The boomerang goes too high even though I aim lower.
Type of problem:ThrowingDescription of the problem:The boomerang goes too high even though I aim lower.Cause:The grip is too smooth, maybe wet? The boomerang slips from your fingers and goes away before the end of the movement.Correction:Wipe the boomerang if necessary. Change the type of grip.3. The boomerang flies too low or even crashes event though I aim higher.
Type of problem:ThrowingDescription of the problem:The boomerang flies too low or even crashes event though I aim higher.Cause:The grip (adherence) of the top of the wings is too hard; the grip is too sticky.Correction:Sand the top of the wing with some sand paper or change your varnish.4. The boomerang climbs too rapidly without stabilizing and then falls down ahead of me with a vague come back precision.
Type of problem:ThrowingDescription of the problem:The boomerang climbs too rapidly without stabilizing and then falls down ahead of me with a vague come back precision.Cause:You have aimed too high.Correction:Aim just above the horizon line.5. The boomerang falls down, skims the ground then rises high and goes behind me.
Type of problem:ThrowingDescription of the problem:The boomerang falls down, skims the ground then rises high and goes behind me.Cause:You have aimed to low.Correction:Aim just above the horizon line.6. The wind is too strong, my boomerang is blown away.
Type of problem:ThrowingDescription of the problem:The wind is too strong, my boomerang is blown away.Cause:In strong windy conditions you must modify the angles of throwing.Correction:Give a small layover (the angle with the vertical must be small), aim higher and more to the right of the wind direction.7. There is quite no wind or it is very weak, my boomerang doesn't come back.
Type of problem:ThrowingDescription of the problem:There is quite no wind or it is very weak, my boomerang doesn't come back.Cause:If there is not any wind or if the wind is very weak, you must modify the angles of throwing.Correction:Give more layover (more angle to the right of the vertical) and aim lower.8. The boomerang comes back too much on the right, in front of me.
Type of problem:ThrowingDescription of the problem:The boomerang comes back too much on the right, in front of me.Cause:You have thrown it too much on the right.Correction:Throw more on the left.9. The boomerang comes back too much on the left, beside me.
Type of problem:ThrowingDescription of the problem:The boomerang comes back too much on the left, beside me.Cause:You have thrown it too much on the left.Correction:Throw more on the right.10. The end of the flight is rectilinear but the boomerang doesn't come back.
Type of problem:ThrowingDescription of the problem:The end of the flight is rectilinear but the boomerang doesn't come back.Cause:The boomerang isn't thrown enough strongly or there is too much wind.Correction:Throw it stronger or adapt your throw to the windy conditions.
http://4.bp.blogspot.com/_Wt9bhJccdPw/SEJ4b1homnI/AAAAAAAAEv8/IVZleZZUUBM/s400/MON.gif
http://4.bp.blogspot.com/_Wt9bhJccdPw/SEJc51homhI/AAAAAAAAEvM/JX5MZqNTkvQ/s400/Monaco2.gif
Linkit tähän tekstiin
Merkinnät: Monaco Coach
Red Robin
http://2.bp.blogspot.com/_Wt9bhJccdPw/SEC5z1homVI/AAAAAAAAEts/eZD1cejjlkw/s400/redrobin+logo.gif
1.6 - 2008 Red Robin Restaurang & Elliott Wave. I need to confess, it still keeps my amazed and confused how math & trinogonometry/hypotenus oriented all stocks shows up after you take a real deep and longer term look for them what they´re doing. I did some re-calculation yesterday posted chart, it´s correct now.
Just one simple triangle boys, inside of there is kind of inverse "aeroplane wings".
Looking also my sitehits in pasted months, it seems so many visitors looking magic holy grail software, scanning google how to get waves complete automatically. I will tell you all looking EW software, that there´s not exist any for re-retail market. There´s plenty of them and none is working, believe me - I had tested them all. First at all those made those software´s and add-ons don´t skills enough to program EW, it´s a lot of more than impulses and simple a-b-c corrections.
I´ll tell you secret, no-one cannot program EW, not completely, only very small part of it - there´s lot of throw-overs and double rulez and such incidents that any retail elliott wave software would push you immediately completely to the forest and wrong wave behaviour & out of this business + loosing your money.
I haven´t see any softare which would be capable handle even most basic guidelines of right EW look principals, in fact some of them are so danger toys that it should be allmost unlegal to sell them as retail.
Investment banks and individual participants have tools. Some have better, some have worse. As I have also but I program them by myself - never would let anyone putting code for me without knowing exactly where and why it can fail, but they all have customized programmed tools and still, they all are comptely handicapped with wrong hands - so, my advice for you all googling and ooking that holy grail, stay at manual if you do EW´s, this is also only way to learn technique well. Sleep overnight, then sleep another and take a look your chart you´re created again and again, most cases you will spot some errors on the next morning - when times are passed enought right look starts to come, give it chance and wait until it´s so clear it might suggest to invest for it because it works - believe me and it´s only thing which works "true" way, all the rest is just speculating with the facts that has nothing to do with tomorrow´s facts, including fundamendal analyse and specially with that. If you thing EW is for you too complex, them jump directly to gartley patterns and square root technology - but you can also mix it with EW guidelines.
http://4.bp.blogspot.com/_Wt9bhJccdPw/SEH6BFhomfI/AAAAAAAAEu8/iBblwIG9hTY/s400/Red+Robin.gif
Linkit tähän tekstiin
Merkinnät: Red Robin
Scripps
http://4.bp.blogspot.com/_Wt9bhJccdPw/SEGlyFhombI/AAAAAAAAEuc/7HFZOMqq-F4/s400/Scripps.gif
31.5 - 2008 Scripps & Elliott Wave. Ugh, Oh. When you chart enough occasinally it comes the time when you found something more exceptional looks perfect. I think this was one of such a moments since I found Echelon.
The C I am hunting is also impulse E wave and big time boys. See the example from my own blog as below - you can mark and found waves so many different way as there´-s 13 waves behaving at the same time. So, should have those B and D on upstairs placed allready and that missing E is also my C impulse down.
http://4.bp.blogspot.com/_Wt9bhJccdPw/SEGvhFhomcI/AAAAAAAAEuk/QN7W2wTCvL4/s400/wave5.gif
http://4.bp.blogspot.com/_Wt9bhJccdPw/SEGllFhomaI/AAAAAAAAEuU/UQELsNP_6IM/s400/Scripps1.gif
Linkit tähän tekstiin
Merkinnät: Scripps
Ingersoll Rand
http://2.bp.blogspot.com/_Wt9bhJccdPw/SEDUK1homZI/AAAAAAAAEuM/QKI8yW2I5Vw/s400/igersolllogo.gif
31.5-2008 One more to the long side, a-b-c-d-e-f-g-h-i and then should follow reasonable long Cee wave for B before B ends, violation of 63 $ would mean new upside impulse. If you look comparison of marked boxes, you might get a clue how powerfull this c/b might come. Complex correctios like 9 wave threes tends to give boost for next wave, this why I am bit suspicious is this particular stock completely on the new upside impulse wave, for instance wave a/b is certainly 5 wave structure. However, there´s falling diagonal from Y/5, so, should follow EW guidelines for diagonal structures.
http://3.bp.blogspot.com/_Wt9bhJccdPw/SEDUBFhomYI/AAAAAAAAEuE/-j1mCOkBYiM/s400/Ingersoll3.gifhttp://4.bp.blogspot.com/_Wt9bhJccdPw/SEDTwVhomXI/AAAAAAAAEt8/KadJ5l5GzuI/s400/Ingersoll1.gif
http://4.bp.blogspot.com/_Wt9bhJccdPw/SEDTmVhomWI/AAAAAAAAEt0/D7JYax8HPHQ/s400/Ingersoll.gif
Linkit tähän tekstiin
Merkinnät: Ingersoll Rand
IBM
http://1.bp.blogspot.com/_Wt9bhJccdPw/SAKuAJtA5MI/AAAAAAAACl4/cfCySSypHgY/s400/IBMLOGO.gif
30.5 - 2008 Just a few bucks more, then bearmarket should heart you big baby blue.
http://2.bp.blogspot.com/_Wt9bhJccdPw/SD9NMFhomTI/AAAAAAAAEtc/Na1CpGbRBcQ/s400/IBM2.gif
http://1.bp.blogspot.com/_Wt9bhJccdPw/SD9NA1homSI/AAAAAAAAEtU/Tq-T7TteEUA/s400/IBM.gif
18.4-2008. IBM & My Elliott Wave View (Long at least to 126 - 128 $).
http://3.bp.blogspot.com/_Wt9bhJccdPw/SAViA5tA5pI/AAAAAAAACpg/qXoWCObRTno/s400/IBM.gif
http://3.bp.blogspot.com/_Wt9bhJccdPw/SAVmY5tA5rI/AAAAAAAACpw/OLF-v21mOKM/s400/A-ibm.gif
Linkit tähän tekstiin
Merkinnät: IBM
Ansoft, ANST
http://1.bp.blogspot.com/_Wt9bhJccdPw/SD0tjVhomII/AAAAAAAAEsE/t8r_C0oZYa0/s400/ANST.gif
Linkit tähän tekstiin
Merkinnät: Ansoft, ANST
Foster Wheeler, FWLT
http://4.bp.blogspot.com/_Wt9bhJccdPw/SDwTEVhomHI/AAAAAAAAEr8/3v5lt5WMQSk/s400/FosterLogo.gif
27.5 -2008 Foster Wheeler & EW.
http://3.bp.blogspot.com/_Wt9bhJccdPw/SDwS8FhomGI/AAAAAAAAEr0/iAcjZZ7qlEs/s400/FWLT.gif
Linkit tähän tekstiin
Merkinnät: Foster Wheeler, FWLT
Microsoft, MSFT
http://1.bp.blogspot.com/_Wt9bhJccdPw/SDwSWlhomFI/AAAAAAAAErs/LiBE0HWet0g/s400/MicrosoftLogo.gif
27.5 - 2008 Microsoft & EW
http://4.bp.blogspot.com/_Wt9bhJccdPw/SDwSOVhomEI/AAAAAAAAErk/f9gpNO5_8n4/s400/MSFT.gif
Linkit tähän tekstiin
Merkinnät: Microsoft, MSFT
Teva Pharmaceuticals, TEVA
http://4.bp.blogspot.com/_Wt9bhJccdPw/SDwRmVhomDI/AAAAAAAAErc/rO87SX0TAPs/s400/TEVALOGO.gif
27.5 - 2008 Teva & EW.
http://1.bp.blogspot.com/_Wt9bhJccdPw/SDwRVlhomCI/AAAAAAAAErU/hiz5ShWpbvE/s400/TEVA.gif
Linkit tähän tekstiin
Merkinnät: TEVA, Teva Pharmaceuticals
Lam Research, LRCX
http://3.bp.blogspot.com/_Wt9bhJccdPw/SDwQuFhomBI/AAAAAAAAErM/rXCEtq_ygQs/s400/LamLogo.gif
27.5 - 2008 Lam Research & EW.
http://1.bp.blogspot.com/_Wt9bhJccdPw/SDwQZlhomAI/AAAAAAAAErE/LfMmdwSTBOQ/s400/LRCX.gif
Linkit tähän tekstiin
Merkinnät: Lam Research, LRCX
Joy Global, JOYG
http://4.bp.blogspot.com/_Wt9bhJccdPw/SDwPpVhol-I/AAAAAAAAEq0/VTLStcZV1-E/s400/JOYGLOGO.gif
27.5 - 2008 Joy Global & EW
http://3.bp.blogspot.com/_Wt9bhJccdPw/SDwPyFhol_I/AAAAAAAAEq8/jXaQr8D99_c/s400/JOYG.gif
http://3.bp.blogspot.com/_Wt9bhJccdPw/SDwPyFhol_I/AAAAAAAAEq8/jXaQr8D99_c/s400/JOYG.gif
Linkit tähän tekstiin
Merkinnät: Joy Global, JOYG
Juniper, JNPR
http://1.bp.blogspot.com/_Wt9bhJccdPw/SAnjXunfVvI/AAAAAAAACu4/QvFAvE9vNCc/s400/JuniperLogo.gif
27.5 - 2008 Juniper & EW Update.
http://4.bp.blogspot.com/_Wt9bhJccdPw/SDwNFVhol8I/AAAAAAAAEqk/0r35TwPphFQ/s400/JNPR.gif
19.4-2008 My Juniper & Elliott Wave. Make it, breake it or fake it. The key is not a wedge alone, it´s more fib retcament in here, it will be hard for JNPR to push above 25.20 $ plus, exact same Fib roof level comes from 2002 low as as 38.2% Fib. Once and if it´s solved, there´s free road to travell 28.20 $...but I need to say I like this pattern.
http://1.bp.blogspot.com/_Wt9bhJccdPw/SAnjMunfVuI/AAAAAAAACuw/XZA2Zrm6Xm0/s400/Juniper1.gif
http://2.bp.blogspot.com/_Wt9bhJccdPw/SAnjB-nfVtI/AAAAAAAACuo/JnUJAXi9X0o/s400/Juniper.gif
Linkit tähän tekstiin
Ansoft, ANST
http://1.bp.blogspot.com/_Wt9bhJccdPw/SD0tjVhomII/AAAAAAAAEsE/t8r_C0oZYa0/s400/ANST.gif
Linkit tähän tekstiin
Merkinnät: Ansoft, ANST
Foster Wheeler, FWLT
http://4.bp.blogspot.com/_Wt9bhJccdPw/SDwTEVhomHI/AAAAAAAAEr8/3v5lt5WMQSk/s400/FosterLogo.gif
27.5 -2008 Foster Wheeler & EW.
http://3.bp.blogspot.com/_Wt9bhJccdPw/SDwS8FhomGI/AAAAAAAAEr0/iAcjZZ7qlEs/s400/FWLT.gif
Linkit tähän tekstiin
Merkinnät: Foster Wheeler, FWLT
Microsoft, MSFT
http://1.bp.blogspot.com/_Wt9bhJccdPw/SDwSWlhomFI/AAAAAAAAErs/LiBE0HWet0g/s400/MicrosoftLogo.gif
27.5 - 2008 Microsoft & EW
http://4.bp.blogspot.com/_Wt9bhJccdPw/SDwSOVhomEI/AAAAAAAAErk/f9gpNO5_8n4/s400/MSFT.gif
Linkit tähän tekstiin
Merkinnät: Microsoft, MSFT
Teva Pharmaceuticals, TEVA
http://4.bp.blogspot.com/_Wt9bhJccdPw/SDwRmVhomDI/AAAAAAAAErc/rO87SX0TAPs/s400/TEVALOGO.gif
27.5 - 2008 Teva & EW.
http://1.bp.blogspot.com/_Wt9bhJccdPw/SDwRVlhomCI/AAAAAAAAErU/hiz5ShWpbvE/s400/TEVA.gif
Linkit tähän tekstiin
Merkinnät: TEVA, Teva Pharmaceuticals
Lam Research, LRCX
http://3.bp.blogspot.com/_Wt9bhJccdPw/SDwQuFhomBI/AAAAAAAAErM/rXCEtq_ygQs/s400/LamLogo.gif
27.5 - 2008 Lam Research & EW.
http://1.bp.blogspot.com/_Wt9bhJccdPw/SDwQZlhomAI/AAAAAAAAErE/LfMmdwSTBOQ/s400/LRCX.gif
Linkit tähän tekstiin
Merkinnät: Lam Research, LRCX
Joy Global, JOYG
http://4.bp.blogspot.com/_Wt9bhJccdPw/SDwPpVhol-I/AAAAAAAAEq0/VTLStcZV1-E/s400/JOYGLOGO.gif
27.5 - 2008 Joy Global & EW
http://3.bp.blogspot.com/_Wt9bhJccdPw/SDwPyFhol_I/AAAAAAAAEq8/jXaQr8D99_c/s400/JOYG.gif
http://3.bp.blogspot.com/_Wt9bhJccdPw/SDwPyFhol_I/AAAAAAAAEq8/jXaQr8D99_c/s400/JOYG.gif
Linkit tähän tekstiin
Merkinnät: Joy Global, JOYG
Juniper, JNPR
http://1.bp.blogspot.com/_Wt9bhJccdPw/SAnjXunfVvI/AAAAAAAACu4/QvFAvE9vNCc/s400/JuniperLogo.gif
27.5 - 2008 Juniper & EW Update.
http://4.bp.blogspot.com/_Wt9bhJccdPw/SDwNFVhol8I/AAAAAAAAEqk/0r35TwPphFQ/s400/JNPR.gif
19.4-2008 My Juniper & Elliott Wave. Make it, breake it or fake it. The key is not a wedge alone, it´s more fib retcament in here, it will be hard for JNPR to push above 25.20 $ plus, exact same Fib roof level comes from 2002 low as as 38.2% Fib. Once and if it´s solved, there´s free road to travell 28.20 $...but I need to say I like this pattern.
http://1.bp.blogspot.com/_Wt9bhJccdPw/SAnjMunfVuI/AAAAAAAACuw/XZA2Zrm6Xm0/s400/Juniper1.gif
http://2.bp.blogspot.com/_Wt9bhJccdPw/SAnjB-nfVtI/AAAAAAAACuo/JnUJAXi9X0o/s400/Juniper.gif
Linkit tähän tekstiin