Elliott Wave 5.0 "Reboot"

This site is about the Elliott Wave Principle and an alternate wave count in Supercycle Degree. Almost all wave counting practised today is in the Grand Supercycle Degree pattern! We run all wave counting one degree lower, and after every Supercycle Degree Bull Market comes a Supercycle Degree Bear Market.

Monday, March 4, 2013

Apple's Crash Costs Andy Zaky Millions - Business Insider

http://www.businessinsider.com/apple-analyst-andy-zaky-lost-investor-money-2013-3
Posted by "BB" at 1:46 PM
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"BB"
I am a fan of the Elliott Wave Principle from RN Elliott. He recognized the patterns without the help of computers and fancy software. Doing Elliott Wave analysis with simple pen on paper keeps objectivity alive and forces us to think more in real time. All wave analysis is done with time and pattern and not by price. Price is worthless information if the pattern is not recognized. Stuck on the end of every wave pattern is a price and with time all patterns reverse. One of the best quotes I have read is from W.D. Gann "Time is more important than price; when time is up price will reverse." Wave analysis can also be used for much more than just financial charts as wave patterns show up in other natural recordings. When ever there is hype in one direction by a crowd, there is a very high chance that the hype is misplaced. The hype and fear about Y2K was one big example and "all" the hype and fear on AGW. Man made Global warming is the biggest fraud going today and you can tell just by looking at a few world temperature charts.
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