Elliot Wave : STI, Dow and HK market

[lifeafter41]

Was talking to a friend earleir on when we touch on the recent stock market corrections.

While we were talking about the recent corrections, that seems to be over, when my friend mention about Elliot Wave, that will affect the STI, Dow and even the HK market, within the next few weeks, with markets trending down becasue of this Elliot wave.

Any forummers can help to enlighten on this. Thanks.

 

[Devil Within]

Was talking to a friend earleir on when we touch on the recent stock market corrections.

While we were talking about the recent corrections, that seems to be over, when my friend mention about Elliot Wave, that will affect the STI, Dow and even the HK market, within the next few weeks, with markets trending down becasue of this Elliot wave.

Any forummers can help to enlighten on this. Thanks.

You can read all about Elliott wave from this site.

http://www.elliottwave.com/club/default.aspx?aid=2744

 

[kiss]

based on my own analysis, DOW reaching 9100 and S&P reaching 980. Those are possible targets and until they are reached, you wouldnt wanna hear the next targets... :p:o:(

 

[lifeafter41]

You can read all about Elliott wave from this site.

http://www.elliottwave.com/club/default.aspx?aid=2744

Thanks!! Will visit the site.

 

[po2wq]

no nid 2 study waves 1 leh ... iz all abt whether dose burgers want it 2 go up or down ... dose burgers can generate watever waves dey want u 2 c ...

 

[ManSGP]

All forms of technical analysis, including wave theories such as Elliot Wave, are derived from historical price patterns to predict the future price movement. In all my years in investment line, the only thing I can say is that these analysis work better for long term trading strategy.

Do not rely solely on these patterns as the financial market can be very unpredictable, regardless of the fundamentals.