Australian (ASX) Stock Market Forum

Re: XAO Analysis

Kicking myself a bit for not buying this morning, came close; but I was waiting for that panic that just hasn't eventuated yet :(

ANZ, BHP, OZL, STW ... isn't hindsight wonderful :p::D


I guess having been out of the market for so long; a bit of restraint has crept up on me. I really should start setting up a new long term market plan :eek:
 
Re: XAO Analysis

Smart arrrsssse

Its always eye opening to see your indepth analysis, care to put some up?

OH DEAR!!!

back to name calling i see ... cmon now darl no need for that

i post my analysis in the live chat section on a daily basis and have done for years

now please sit back down , chill out and have a nice cup of tea before you get anymore emotional over my tounge in cheek comments
 
Re: XAO Analysis

Don't mention the war;)
too late I think:(

was a nice call earlier actually TH , well done , bet it wasnt elliot wave induced
No caffeine induced :D

Smart arrrsssse

Its always eye opening to see your indepth analysis, care to put some up?

Come on Tech be kind. Tell ya what I will send you 2 free tickets to my next seminar. "How to make money while everyone else isn't" :D:D ($3000 of value free!!)
 
Re: XAO Analysis

ps , if u do a search of my posts i dare say you will find a few of my comments regarding market situations and various other subjects

have a lovely day
 
Re: XAO Analysis

ps , if u do a search of my posts i dare say you will find a few of my comments regarding market situations and various other subjects

have a lovely day

I'll have a search and see what I can find.
TH its all about timeframe.
 
Re: XAO Analysis

Dear tech/a.......... now i am a little concerned that this discussion has got a little out of hand , in the past i have enjoyed your posts and actually respected your calls REGARDLESS of being right or wrong ...... um i dunno why you feel the urge to attack me personally as my original discussion was NOT actually to you and it was in regards to my observations on the elliot wave guesses being bandied around . i do appologise if my observations and comments regarding EW upset you but will strive to keep my comments regarding said anylasis to myself and in the chatroom from now on and let bygones be bygones
be well

luv nunthewiser
 
Re: XAO Analysis

Hey TH, shouldn't the market be up today since oil is off $15 since last week?

Just a pot hole I believe. :rolleyes:

Oh yeah, forgot about them potholes, although personally I think it's more like a crater.

Oil is in a corrective phase ABC... just dropped a bit lower than first thought for B, so C will probably only get marginally above recent highs in the next few days or so.

But as for the XAO, yes it's still just a pothole... albeit a double pothole.

Sorry, I haven't been frolicking in here with yers, but I've been busy on something that hasn't looked quite right with the larger degree wave patterns that I adopted from (the experts) for a starting point.

Might have somethin to report later. :cool:

But for what it's worth TH made a good call this morning... it wasn't going to go down all day.
 
Re: XAO Analysis

Oil is in a corrective phase ABC... just dropped a bit lower than first thought for B, so C will probably only get marginally above recent highs in the next few days or so.

But as for the XAO, yes it's still just a pothole... albeit a double pothole.

Sorry, I haven't been frolicking in here with yers, but I've been busy on something that hasn't looked quite right with the larger degree wave patterns that I adopted from (the experts) for a starting point.

Might have somethin to report later. :cool:

But for what it's worth TH made a good call this morning... it wasn't going to go down all day.

yeh TH just earned himself a Christmas Card from me
 
Re: XAO Analysis

so because i disagree with said analystic comments regarding XAO guesstimates i am a fool, now ?

In one breath you say you use Elliott in your analysis and in the other you show a lack of understanding as the wave counts alter.
If you actually understood Elliott you wouldnt make such un educated comment.


Mind you I am talking of those who actually have obvious Elliott knowledge and its pretty obvious who they are.
 
Re: XAO Analysis

In one breath you say you use Elliott in your analysis and in the other you show a lack of understanding as the wave counts alter.
If you actually understood Elliott you wouldnt make such un educated comment.


Mind you I am talking of those who actually have obvious Elliott knowledge and its pretty obvious who they are.

LOL yes its darn obvious regarding the recent elliot predictions allright ..um also i said i use elliiot as ONE tool in my analysis , to me its just another way of viewing a chartand the use of said tool is open to so many variations as well as the count differing to different time frames anyways , dunno why this conversation still going as think that its personally a waste of time trying to poinbt out flaws to those that can only see with one eye ,
end of subject with me and do hope that you havent been following the said predictions here that have been using elliot to guess where the market was going next

be well
 
Re: XAO Analysis

LOL yes its darn obvious regarding the recent elliot predictions allright ..um also i said i use elliiot as ONE tool in my analysis , to me its just another way of viewing a chartand the use of said tool is open to so many variations as well as the count differing to different time frames anyways , dunno why this conversation still going as think that its personally a waste of time trying to poinbt out flaws to those that can only see with one eye ,
end of subject with me and do hope that you havent been following the said predictions here that have been using elliot to guess where the market was going next

be well


yeh i wouldnt use elliot as you only tool, i personally dont use it, but like to see when you guys post charts which agree with my own analysis :)
 
Re: XAO Analysis

my original discussion was NOT actually to you and it was in regards to my observations on the elliot wave guesses being bandied around .

Nunthewiser,

You know full well that you are being antagonistic with quotes like the one above.

I also think you know that nobody (that I know of) uses Elliot Wave in isolation.

This is an XAO analysis thread, so whichever method people use that's what they post.

E.Wave is as valid as any other trend indicator, whether you like it or not.

Food for thought, how many people are surviving or prospering in this market ?

I know some, I also know they use Elliot as PART of their analysis.
 
Re: XAO Analysis

LOL yes its darn obvious regarding the recent elliot predictions allright ..um also i said i use elliiot as ONE tool in my analysis , to me its just another way of viewing a chartand the use of said tool is open to so many variations as well as the count differing to different time frames anyways , dunno why this conversation still going as think that its personally a waste of time trying to poinbt out flaws to those that can only see with one eye ,
end of subject with me and do hope that you havent been following the said predictions here that have been using elliot to guess where the market was going next

be well


You should really do your homework before casting aspersions.

Take a look here from post 36 on with regard to use of Elliott in my analysis.

https://www.aussiestockforums.com/forums/showthread.php?t=12119&page=2

Now look back through this thread and you'll see my Elliott Wave analysis hasnt altered on the XAO/XJO for months.

Try post 3153 onwards and tell me how hopeless the analysis was!
 
Re: XAO Analysis

I see EW is getting a lot of discussion here - it's good to see everyone jump in. The reality is that corrections in EW are always hard to predict at the best of times let alone in choppy markets as we're seeing right now until they're almost over. However, it doesn't mean EW as a tool is wrong only the way one interprets it (like any other method).

Back to the analysis, the final leg up did complete on the 23rd with 5 waves up, forming a Irregular flat correction, where wave c doesn't recover the ground of wave b. However, there's still an outside chance that the wave ii correction hasn't yet completed and today's low (a very low volume day) actually marked the end of the b wave as shown in the alternate count in blue. Even if the alternate count comes into play it's doubtful that wave c will recover all of wave b and will probably form a irregular flat correction - five clear waves up from today's low will prove the alternate count.

The preferred wave count is down, although clear 5 waves down from the wave ii high is yet to unfold to validate the next short term moves. Ultimately the longer term count on the XAO is still extremely bearish with 3rd waves usually the most aggressive esp at several degrees (in this case wave 3 of 3)
 

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