Recent content by newschoolwaver

My prediction on the 25th September is right on track. The Dow should now fall making lower lows all the way down to the October 2004 lows.

Even the most proclaimed waver, Robert Prechter of www.elliotwave.com got the wave count of the Dow wrong which proves that counting waves before the event can never be taken too seriously. He charges to share his wave count with his subscribers and has been wrong since declaring the Dow had hit...

This has been some ride up and has followed my 14th August prediction. Time for a slice of the 'shorting cake'. Dow 11950. Wow.

Thought I had better start my own thread rather than tread on oldschoolwavers toes. Only come across this site recently with my first post (and a few others) on oldschoolwavers thread. I wanted to run my wave count past him so joined up and posted it. (Now you know how I got my name.) Anyway, I...

A drop is imminent but it may be just a breather before one more push up which as usual will confuse everbody. I certainly would not be long as I believe the next big move is down to the Oct 2004 lows but I am not over indulging on the short side just yet. Plenty of time for that once the down...

New all time highs reached, not a lot of wavers were predicting that. So far my count has been correct. After examining the short term charts I feel the uptrend still has more to go after an impending sell off. A short term down wave followed by another short term upwave to another all time high...

View from the top.

It should be of intermediate degree which should take it down to or below the A wave of the same degree. This bottomed below 10,000.

The Dow closed at new highs for the year. It is now in the shorting territory I have been waiting for.

Thats my longs closed. Have rode the last part of this wave up far enough to bank profits and am now looking to short the index as it falls to carry out a (C) wave down of intermediate degree. (If the index follows my best count of course.)

Once this top is in place the index will fall to carry out a (C) wave. I count this down wave to be of intermediate degree.

My count is looking good. The uptrend is still intact and nearing completion.

Hi oldschoolwaver. I am a relatively newbie with Elliot waves with a few years study under my belt. I have just come across this excellent site and your excellent posts. I have joined this site using a similar name as it seemed appropriate. (Hope you don't mind.) I too believe we are about to...