Sentiment Speaks: Most Money Managers Gamble With Your Money

If you want to follow this a bit closer, EWI is running a Free Week promo next week, centered on their Euro and Asian STU services. Everyone seems to be bearish, and “the investor in me agrees 100% with the skeptics who worry we are late-cycle and that risks are rising,” says Muir, who is a market strategist at East West Investment Management. Having said that, none of the above tells you what the stock market will do next. Nearly everyone seems convinced the bond market will give its standard recession signal in a timely fashion.

The Elliott Wave Count is from the ELLIOTT WAVE lives on; the blog of Anthony Caldaro. Simply put, if you owe me money, I cannot count that debt as an “asset”. You owe me $100 and then I ledger that debt as an “asset” . It’s quite perverted really and God hates usury, and he definitely HATES fractional reserve banking. Originally my Daniel’s 70th week chart looks like this (I added the “alt” dates though for this post).

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It is subdivided into 5 sub-waves, each one with his own “personality”. I have been following the above chart for some time and a few weeks ago emailed a friend “There is room for one more wave down”. Many people have been asking me for an Ewave update on the https://www.wave-accounting.net/ S&P 500. I still don’t have one as there are numerous viable counts in play. To me unless the count is reasonably clear, all Ewave is going to tell you is what happened. I have thought in the back of my head that othordox elliot has been dead since 1987.

• Two wave analysts with the same flawed big-picture wave count, but as a trader, I’d much rather be reading the first blogger than the second, even if neither of them runs a “trading blog” per se.
• I don’t know any timing system that would let you on the wrong side of the market for that long.
• This 50/50 method, as I call it, is what I use in my trading account, thus the stats will be a near accurate reflection of my actual trading performance.
• What is the value of a predictive technical analysis system that takes months to get fulfill?
• Perhaps with your insight you could shed some light on this matter?

One of the strongest pattern i have seen is an ending diagonal. It shows in w5 position , and it’s a terminal pattern that leads to sharp change of trends. In classic technical analysis is also called wedge. Here is an example of a complete cycle in Gold on a small time frame. Subdividing the labeled waves, you can see how impulsive waves subdivide in smaller impulsive waves, while corrective subidivide in corrective manner. I have found that his knowledge of technical analysis is quite poor as reflected by his total lack of use of MA’s to identify and confirm trend.

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It will only happen when the global populace is ready for it. Are they trying to force it early by the forced bank collapses and such? And although major systemic bank folding’s Danerics Elliott Waves should indicate a stock market collapse, social mood is aloof and not yet ready to concede the world to misery and hunger. So the market just does not care right now.

• I would say almost to the exclusion of all other initiatives – no matter about jobs, housing prices, debt etc; absolutely ANYTHING to get the markets back to where they were a couple of years ago.
• More often than not, he conveniently ignores key classical technical indicators when they don’t “fit” with his “perma-bear” BIAS.
• It has nothing to do with taking an honest appraisal of the markets using technical analysis, let alone trying to impliment and execute a trading strategy that will make money.
• Thus this service is offering a compass to ascertain the ongoing direction of the market, both short term and long.
• Five waves moves are in direction of the main trend, and are called “impulsive waves”.
• My only question is, what skyscraper of worry is he talking about?
• The trouble most people get into with Ewave is coming up with a thesis, then struggling to find a count that will fit it.

However, bank collapses and global credit killing interest rate rises are a mortal wound to the global financial Ponzi. So don’t get your hopes up for any kind of sustained rally in my opinion other than a new Intermediate high if that. And global debt is the problem, and ALL global debt is moving in the same direction. The 40-year debt bubble was sustainable as long as bond prices kept following the channel line, driving interest rates lower.

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Believe it or not, it is even worse than that. You see, your asset manager does not have the tools to understand when a period of market volatility is on the horizon until after it is too late. Moreover, he has no incentive to appropriately position you for market volatility.

Today no doubt triggered a very significant 11-day NYSE “breadth thrust” event up. Thus, the count that Intermediate wave is continuing is the primary count. The content on this site is provided as information only and should not be taken as investment advice or any lifestyle or health advice.

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Carl may be momentarily the bear, but his target for the final run up is Sp1320, a 280 pt rise from the Feb low, matching the 290 rise of the first zigzag and the 280 rise of the second. These fools that post on these blogs frequently “average down losing” short positions as the market goes higher and break every risk management rule in the book. Hochberg analysis relies, amongst others, on factors like bull/bear sentiment. He tries to pinpoint a major reversal on extreme readings. In my opinion bull/bear sentiment are no different from overbought/oversold signals. A market can be overbought for weeks or months before reversing.

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