tag:blogger.com,1999:blog-4878316162397365683.post4776362034591360141..comments2023-11-06T06:01:49.605-05:00Comments on Principle Analysis: an Elliott Wave Blog for Forex Signals, Futures Signals and Stock Signals: Stock Triangle PIcking up Traction; Euro to Correct Higher, then Fall Hard AgainUnknownnoreply@blogger.comBlogger7125tag:blogger.com,1999:blog-4878316162397365683.post-45863745692306523612011-11-16T20:56:20.176-05:002011-11-16T20:56:20.176-05:00I've modified the DJI count as the X wave as i...I've modified the DJI count as the X wave as it didn't feel right after 2nd thought as the time frame of the preceding W was way to big compared to the Y wave. Making the X a 3 wave supports the triangle in the 4th wave that I was trying to justify. I also found a 3rd alternative (in pink) which is the 4th wave being a giant flat. All alternatives leading to the big bohana 3rd wave down. What is the FAZ price target. If the DJI punches through the 2009 low of 6500 that is a 50% drop or 150% rise in FAX putting at a 130. However, it will be a lot of little daily bumps rather than i big bump so lets call it 150. As well the banks wil get hammered more than the DJI index so lets call it 200 to be conservative.Hyperbole2000noreply@blogger.comtag:blogger.com,1999:blog-4878316162397365683.post-31280110288257847572011-11-16T01:47:49.393-05:002011-11-16T01:47:49.393-05:00Hyberbole, i am currently holding FAZ too, what is...Hyberbole, i am currently holding FAZ too, what is your price target for FAZ with this wav 3? <br /><br />Muyllra, you are right. Everyone seems to be saying that "we know Europe is bad, but Snta's rally will come regardlessly." i think people will be surprised by a lump of coal instead,just not sure how big the coal is.Curiousmindnoreply@blogger.comtag:blogger.com,1999:blog-4878316162397365683.post-88974638703979673622011-11-15T06:44:58.398-05:002011-11-15T06:44:58.398-05:00The DJI inversely correlated to my FAZ dated Nov 1...The DJI inversely correlated to my FAZ dated Nov 14th. Three variations at the end being: 1) 5 of E of 2 wave already completed (in black); 2) only 4 of E of 2 completed (in red); 3) only 3 of E of 2 completed (in blue).<br /><br />All three when 2 wave completed will be followed by the big 3 wave down.Hyperbole2000noreply@blogger.comtag:blogger.com,1999:blog-4878316162397365683.post-11356690014424111192011-11-15T06:32:29.587-05:002011-11-15T06:32:29.587-05:00My most recent chart from Nov 9th showing diagonal...My most recent chart from Nov 9th showing diagonal ( triangle) wave form for the the fifth wave which will complete the WXY double combination 2nd wave. A impulse 3 wave up of historic proportions to follow (triple digit increase as a minimum).Hyperbole2000noreply@blogger.comtag:blogger.com,1999:blog-4878316162397365683.post-90690136929594924772011-11-15T04:16:15.644-05:002011-11-15T04:16:15.644-05:00My feeling is that we will sell off hard in coming...My feeling is that we will sell off hard in coming days....not many are expecting this :-)Muylleanoreply@blogger.comtag:blogger.com,1999:blog-4878316162397365683.post-27558671544756775432011-11-15T02:13:00.364-05:002011-11-15T02:13:00.364-05:00hey hyperbole2000, could you link a chart of the c...hey hyperbole2000, could you link a chart of the count you are seeing? As a fellow FAZ holder, I'd like to see your faz pattern if you're willing to share.Richardnoreply@blogger.comtag:blogger.com,1999:blog-4878316162397365683.post-75980203343840938212011-11-14T19:07:28.024-05:002011-11-14T19:07:28.024-05:00Your triangle is correct. I have been continuousl...Your triangle is correct. I have been continuously digging for a pattern to inversely support my FAZ pattern. After weeks of exhaustive hypothesis testing I may have cracked it. Your (2) wave terminus is actually a 3 wave terminus. It is going to be followed by a triangle in wave 4 followed by a wave 5 OR your (1) is the wave 4 terminus with wave 5 being the diagonal. Completion of either of the 5 waves will terminate the C wave of the E wave of a much larger triangle which will terminate the Y wave of a double combination. This will be the terminus of the 2 wave leading to the impending 3 wave down of historical proportions. The X wave down of the double combination that has been labelled a 1 wave by almost everybody terminated at the low near the beginning of August. The preceding W wave which was mislabelled by almost everybody as the B wave occured at the high near the end of July. Check it out it feels good.Hyperbole2000noreply@blogger.com