Comments on: MortiES' EOD Analysis ~ Bounce>Down or Down? http://www.bostonwealth.net/2009/07/08/morties-eod-analysis-bouncedown-or-down/ Stock market commentary, fundamental & technical analyses on the financial markets, sponsored by Boston Wealth Management, LLC Thu, 09 Sep 2010 14:40:43 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Mortie http://www.bostonwealth.net/2009/07/08/morties-eod-analysis-bouncedown-or-down/comment-page-1/#comment-359 Mortie Thu, 09 Jul 2009 04:34:07 +0000 http://www.bostonwealth.net/?p=2179#comment-359 Great chart miramarbeach! That is definitely a possibility. The question is ~ "What wave is this in the grand scheme of things. If it is a Wave C as seems to be the majority view, then that calls for a 5 wave impulse rather than an ABC correction. However, if the Elliott gods have the count wrong and this is a correction after the completion of a W5, then you are right on. I'll let GET have a shot at analyzing the big picture. One thing about a computer is that it doesn't approach analysis with a bias. It is objective and rule based. Some day in the near future I'll do my own analysis of the big picture and let's see if we can get some lively discussion going. It will be a good weekend project. Keep the great charts and fresh ideas coming. I really appreciate the visual analysis and the originality of thought. Great chart miramarbeach! That is definitely a possibility. The question is ~ “What wave is this in the grand scheme of things. If it is a Wave C as seems to be the majority view, then that calls for a 5 wave impulse rather than an ABC correction. However, if the Elliott gods have the count wrong and this is a correction after the completion of a W5, then you are right on. I’ll let GET have a shot at analyzing the big picture. One thing about a computer is that it doesn’t approach analysis with a bias. It is objective and rule based. Some day in the near future I’ll do my own analysis of the big picture and let’s see if we can get some lively discussion going. It will be a good weekend project.

Keep the great charts and fresh ideas coming. I really appreciate the visual analysis and the originality of thought.

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