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Elliot wave counts

Discuss Elliot wave counts at the Technical Analysis within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by Jai.Shewaramani Take this rally as an opportunity to exit...We are in wave ...


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  #11  
Old 4th February 2008, 08:10 PM
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Default Re: Elliot wave counts

Quote:
Originally Posted by Jai.Shewaramani View Post
Take this rally as an opportunity to exit...We are in wave B, we should once again go to the recent lows in the form of wave C
Please reply to me
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  #12  
Old 4th February 2008, 08:31 PM
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Default Re: Elliot wave counts

Quote:
Originally Posted by emailkailash View Post
Hi Jai,

I am told by some people that Elliott wave correction is over, can you tell me if this is true or we are going to see a downslide, as I am told that the correction (crash!!!!!!!!) occured due to liquidity problems and since now the liquidity will come back to the markets with all big IPO's refunding money-back so we will be heading for a rally before budget, can you please explain me, if the pain is over or we may see again a downslide as shown in the Elliott-waves.
go through the thread '25jan...bears.............' for ur concerns......
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  #13  
Old 4th February 2008, 08:43 PM
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Default Re: Elliot wave counts

Tomorrow & 18950 would be interesting.
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  #14  
Old 4th February 2008, 08:48 PM
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Default Re: Elliot wave counts

Quote:
Originally Posted by kkseal View Post
Tomorrow & 18950 would be interesting.
its 18925....
even 2day it was hair raising @ sensex high of 18894......

Last edited by sudoku1; 4th February 2008 at 08:48 PM. Reason: *
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  #15  
Old 4th February 2008, 09:24 PM
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Default Re: Elliot wave counts

Quote:
Originally Posted by emailkailash View Post
Hi Jai,

I am told by some people that Elliott wave correction is over, can you tell me if this is true or we are going to see a downslide, as I am told that the correction (crash!!!!!!!!) occured due to liquidity problems and since now the liquidity will come back to the markets with all big IPO's refunding money-back so we will be heading for a rally before budget, can you please explain me, if the pain is over or we may see again a downslide as shown in the Elliott-waves.
they probably meant wolfe wave..
all the best
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  #16  
Old 5th February 2008, 12:41 AM
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Default Re: Elliot wave counts

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Originally Posted by sudoku1 View Post
its 18925....
even 2day it was hair raising @ sensex high of 18894......
What happened to 18475 ??
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  #17  
Old 5th February 2008, 02:36 PM
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Default Re: Elliot wave counts

Isn't there another possibility? That the correction started on Oct 17th and since then we've had a weak A, a strong & irregular (literally ) B followed by a very strong* C.

* presumably to correct the imbalance created by the preceding weak A & strong B (This also tallies well with the Wolfe theory)

EW experts, please enlighten.

Regards,
Kalyan.

BTW, this thread is in the wrong section.
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  #18  
Old 5th February 2008, 04:35 PM
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Default Re: Elliot wave counts

Quote:
Originally Posted by kkseal View Post
Isn't there another possibility? That the correction started on Oct 17th and since then we've had a weak A, a strong & irregular (literally ) B followed by a very strong* C.
Yes, possibilities after possibilities all useful in hindsight
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  #19  
Old 5th February 2008, 07:14 PM
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Default Re: Elliot wave counts

I am not an expert,neither I am sure about the current count.But 5400 must not be broken if uptrend has to remain.

But in all probabilities I expect a big move in either direction within the next day or 2.
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  #20  
Old 5th February 2008, 08:44 PM
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Default Re: Elliot wave counts

Quote:
Originally Posted by amitt29 View Post
I am not an expert,neither I am sure about the current count.But 5400 must not be broken if uptrend has to remain.

But in all probabilities I expect a big move in either direction within the next day or 2.
yes , u WILL SEE the rumble in the bronx if 18925 is not closed abv
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