Mate your terms are all mixed up. To close a short you "Buy to Close" the person on the other side can only be "Selling to open" or "Selling to Close".
There aint no buyers on the other side of a closed short transaction.
Not sure what you mean. Every dollar won is from the person/s on the other side who lost it. Zero Sum game.Dumb question... who's the counterparty to the other side of the contract? i.e. Who's money are you taking?
HSI opens to 8% slide and at about 1pm we follow suit just like TH predicts.
TH does this domino effect (from the Nikkei and HSI) affect our market every day at these times? I'm new to this game and learn something new from your posts every day. Very grateful.
With the XAO at about 3964 right now, it's only 100 points above the red line.
Will it follow the last three times it hit that line, or will it break through and we say bye bye to the trend since late 1987?
Given that current conditions are supposedly much worse than those three times, I'm not holding my breath.
GP
Still looking lost in the outback are they Whiskers? I'd say you're bottom call at 4881 looks a little more lost.
Our banks... ANZ you mentioned getting closer to 10 than 15... is still way over there. Don't wanna repeat that one yet eh.
Well the XAO was a bottom for awhile at least... and the potential for the markets to stabalise was there... but basically hasn't occured yet as just posted above.
With the XAO at about 3964 right now, it's only 100 points above the red line.
Will it follow the last three times it hit that line, or will it break through and we say bye bye to the trend since late 1987?
Given that current conditions are supposedly much worse than those three times, I'm not holding my breath.
GP
We are declining in a subwave 3 of 3 of the larger degree Wave C.
Time wise I have this Thursday/Friday as significant.Also 31st October more so.
At this stage a possible short term bottom.
I have 3600 as a possible wave 3 or C bottom.
Bahahahahahahahahahahahahaaha!!!!Quite a crack opening up now... but there's still some positive divergence there... not calling an it abyss, yet.
I still think this latest plunge can turn around pretty quickly and mainstream society just step over it.
Quite a crack opening up now... but there's still some positive divergence there... not calling an it abyss, yet.
I still think this latest plunge can turn around pretty quickly and mainstream society just step over it.
Ouch! Because someone crashes a car does that mean all cars don't work?? Elliottwave Wave is a tool, and can be used in different ways - hammering on someone's wave count ain't the right approach here. Your inclusion of "All Appliers" is a little over the top - since you haven't been reading other posts on EW in the forum.
Elliot wave or not, a-b-c or 1-2-3, whatever, the market is revaluing at the moment, not panicking.
If people think this is panic, I would suggest they should change the profession.
Elliot wave or not, a-b-c or 1-2-3, whatever, the market is revaluing at the moment, not panicking.
If people think this is panic, I would suggest they should change the profession.
Are you for real??? Toughen up dude.
I've been reading various applications of Elliott Wave for a long enough time...not just here, but like, well every bloody where.
You respond like I just insulted your religion OzWaveGuy, but you and others should learn to take it on the chin.
And on your car analogy, I'm not so worried about the specific drivers of the car, I'm more worried about the impact it has on other drivers. Especially the impressionable ones, of which I imagine there are plenty right now.
Yes tend to agree about the lack of panic, need more volume another day like today will help some what then they may have to start locking the windows above the 1st floor's
.
Guffaw!!
Banks going broke
Insurance companies going broke.
Governments world wide throwing money (That they don't have) at the banking system to attempt to alleviate total breakdown.
Just a periodic re evaluation.
All pretty normal really.
Guffaw!!
Banks going broke
Insurance companies going broke.
Governments world wide throwing money (That they don't have) at the banking system to attempt to alleviate total breakdown.
Just a periodic re evaluation.
All pretty normal really.
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