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XJO--What if the majority are wrong?--Maybe this isn't the top!

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Re: XJO--What if the majority are wrong?--Maybe this isnt the top!

tech/a said:
The silence on this thread is deafening.

Where are all the Duck shooters?
Click to expand...
What is it that you seek?
 
Re: XJO--What if the majority are wrong?--Maybe this isnt the top!

MichaelD said:
What is it that you seek?
Click to expand...

Market takes a dive.
This thread 96 posts.
Panic thread 443 posts
XAO thread 99 posts.

Market makes a new high when only a month ago this was the end of the world as we know it.
Last time we will see 6000 for over 5 yrs.
Possible fall to 4700 odd.
People rushing to be first to have "Predicted" the top.

Since then.
This thread 4 posts
Panic thread 1 post.
AXO thread 1 post.

Deathly silence---why is that?
Sure on a personal level the Duck was a nutter.
Right out of left field (mind you thats fine by me).
Duck presented an alternate view---ridiculed when presenting evidence.

Iam glad to have been able to prove the importance of this in analysis a point which the vast majority cannot and do not grasp.

The above is purely a WHAT IF---its hypothetical---it is NOT PROVEN

CURRENT analysis presented by Elliot wave practitioners IS CURRENTLY PROVEN and until price action PROVES the CURRENT analysis to be incorrect it must be presumed to be correct.
Click to expand...

As this is a valuable lesson to be learnt in ALL forms of analysis.
 
Re: XJO--What if the majority are wrong?--Maybe this isnt the top!

I would be interested in seeing your analysis again, but with the more current price action. Incidently did you looks at Nick's XJO review tonite?

Cheers,
 
Re: XJO--What if the majority are wrong?--Maybe this isnt the top!

My targets.Again I'm just learning this stuff.Others will have measurements derived from different points to mine.
 

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Re: XJO--What if the majority are wrong?--Maybe this isnt the top!

Cool

Thanks T/A.

Cheers,
 
Re: XJO--What if the majority are wrong?--Maybe this isnt the top!

tech/a said:
As this is a valuable lesson to be learnt in ALL forms of analysis.
Click to expand...
Indeed. The point being that the analysis does not make the profit and it only provides probabilities (in my view no better than a coin toss and thus of limited worth but others will disagree).

My personal view (which I don't make trading decisions upon) is that since everyone's now declaring the current correction as over and the bull to have returned...perhaps that's a very good contrarian indicator of an imminent really big correction going into and beyond the Easter break.
 
Re: XJO--What if the majority are wrong?--Maybe this isnt the top!

Tech,

I think people have been quiet for a reason. I thought the silence was obvious.

How is the software performing? Is that Prechter style on your chart?
 
Re: XJO--What if the majority are wrong?--Maybe this isnt the top!

Snake.

No its my own labelling.
Different to GET's and others I have seen.

Michael

Remember this when complete will be a full wave 5 of 5 of 5.
Which will be a very important top.
The Bears will have their day I'm sure.

Software.
A very long story but in essence yes.
But have found much! re the use and application of the software.
Both GET and Tradeguider---the former which continues to impress.

Remember its the application of the analysis---well in my view--Proven OR
Disproven
 
Re: XJO--What if the majority are wrong?--Maybe this isnt the top!

tech/a said:
Remember its the application of the analysis
Click to expand...
Yes, it's the application.

(I take it that TradeGuider isn't living up to its early promise).
 
Re: XJO--What if the majority are wrong?--Maybe this isnt the top!

Hmm Sorry Michael.
I actually meant the latter---Tradeguider.
GET is also very good but has in my view nuences which must be understood to get the most out of the software.

Combined they are very powerful.
In the Castle of knowledge ("the Chartist") been following MRE with both software's and had a great run.
Still learning both which opens new doors the more you learn how to best apply the software to trading.
 
Re: XJO--What if the majority are wrong?--Maybe this isnt the top!

No matter what you guys post about your waves now I was still calling long, 1- 1.5 weeks till now, after the china sell off!

So sorry tech and others I am not convinced as I remember when I was making money off longs you were all calling short.

Sorry to sound like a I told ya so.
 
Re: XJO--What if the majority are wrong?--Maybe this isnt the top!


I'm stunned at the gains this market has made....not game to go short or long on the ASX200!
 
Re: XJO--What if the majority are wrong?--Maybe this isnt the top!


?? ??
Im sure many of us have made plenty but is there a need for a comment like this?
 
Re: XJO--What if the majority are wrong?--Maybe this isnt the top!

nizar said:
?? ??
Im sure many of us have made plenty but is there a need for a comment like this?
Click to expand...

Could be that we'll look back and think that TI was irrationally exuberant. You just never know, but i'm still very bearish about this market.....NOT that it should matter to the current trading opportunities.

Cheers,
 
Re: XJO--What if the majority are wrong?--Maybe this isnt the top!

nizar said:
?? ??
Im sure many of us have made plenty but is there a need for a comment like this?
Click to expand...

Nizar,

I am not going to make a big thing out of this but read back at my posts.

I just find it funny to read the happiness and positiveness in the posts lately when the time to be making your long plays has already come a while back in my opinion.

I have had longs going since the second drop that confirmed that a new push was happening.

Now it was a little silly to post that but I could not resist when others where telling me I was over bullish, when i could see it, as clear as day!

Cant I have a little fun in the sun????

Now, I am with CanOz, on the side of a little more caution now.
 
Re: XJO--What if the majority are wrong?--Maybe this isnt the top!

So sorry tech and others I am not convinced
Click to expand...

What makes you think I'm here to convince you or anyone.

The possibility presented itself on 16th march--actually the 14th by the time I posted it up.
Didnt see Trade_it jumping out of cyberspace supporting the veiw.

There are some clever people around this board---they are easy to pick.


CanOz


Me to ---this will bring up the completion of wave 5 of 5 of 5 in a number of degrees which will be a very important top.The current target is around those mentioned---if taken out another will be calculated.
 
Re: XJO--What if the majority are wrong?--Maybe this isnt the top!


Very well said Tech,

I am just glad you made this topic.

Now wonder who can pick the next top any takers??
 
Re: XJO--What if the majority are wrong?--Maybe this isnt the top!

The possibility presented itself on 16th march--actually the 14th by the time I posted it up.
Didnt see Trade_it jumping out of cyberspace supporting the veiw.
Click to expand...

Tech I read though your posts on the 14th u posted a target of 5506 and 5662 wrong way buddy.

Around the 16th you started this thread.

What you said to my call of being bullish was "well i'm hardly bullish" - Tech/A

You also said I was over bullish.

So from reading your posts in those dates I cant see you making any bullish calls quite the opposite.

Correct me if I am wrong & I know u will.

Peace out.
 
Re: XJO--What if the majority are wrong?--Maybe this isnt the top!


Please, please, get over yourself.

Yeh tech will get a few calls wrong once here and there, but overall he COLLECTS, and thats the main thing, have a look at techtrader performance you may learn a few things.

Alternatively, you can just sit there toasting yourself.
 
Re: XJO--What if the majority are wrong?--Maybe this isnt the top!

Trade_it.

Any analysis can only be interpreted with what we have at the time,until of course that analysis is proven to be correct or incorrect. At that time I wasnt bullish---there was a possibility this wasnt over ---but there was strong evidence that it was---so yes I was hardly bullish.

Prior to posting the idea that the analysis given by others (well before me) and that which I had also looked at on the bearish side,all projections toward a possible low ( by everyone) were possible---until proven in correct.

In post 28 here I posted analysis which was presented as an alternative to the analysis already presented---including mine. Have a read and you'll see how I interpret and now trade dynamic analysis.
The price targets I have set are my own---others will come up with other dates ( I cant calculate dates like others do) and targets--some may confirm.
Again these will be targets and dates that may alter as they are Proven or Disproven.

Sorry to have upset you.
I notice your doing well in currencies.
 
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