Yogi Questions

[tech/a]

PNN time cycles... :

February 2007.

06022007 ... positive news expected here.

22022007 ... minor and intraday rally?

23-26022007 ... minor and positive

---

March 2007.

05032007 ... significant and negative

22032007 ... significant and positive news ...

23-26022007 ... positive news expected.

27032007 ... minor

-----

April 2007.

13-16042007 ... 2 minor and positive cycles here

17042007 ... minor

26042007 ... positive spotlight on PNN ...

30042007 ... positive news expected here

-----

May 2007.

11-14052007 ... 2 minor and positive cycles here

23052007 ... minor

25-28052007 ... minor

-----

June 2007.

01-04062007 ... minor and positive news

11-12062007 ... significant and negati ve ... finances???

27-28062007 ... minor, positive light on PNN

30062007 ... minor and positive news

-----

July 2007.

02-03072007 ... good news, but flat trading here ???

happy days

yogi

All well and good to give these "Time points" and easy to suggest that they should be read in conjunction with confirmation from other analysis (Which Ive never seen evidence or examples offered).

I cant see how they can be used in practical trading.

I wonder if its humanly possible for yogi to carry on a discussion and demonstration using PNN as an example (Or any others he wishes to choose) how astro analysis can become a practical trading tool.

Elliot analysis has confirmed that PNN is now in a corrective wave 2 of a higher timeframe after the completion of the minor 5 wave--wave 1.
So until the corrective wave structure shows itself---PNN is not a stock to trade.
Corrective patterns are usually a 3 wave structure but if they extend to a 5 wave structure then the completion of the 5 wave is commonly the first wave of a prolonged 3 wave correction. So its a wait and see.

So for me I'm on the sidelines until price action discloses market sentiment.

Yogi I'm interested in what your position is or would be relative to your analysis either now or in the future?
here is the Chart of PNN which started the discussion in the Trading Systems forum area.
I posted it the CONSTABLE on 28/1/07 as he had an interest in the analysis.
The chart is a whole lot different now of course.

 

[tech/a]

In the absence of Yogi who must be having a busy weekend collecting picnic baskets I'll have a go at deciphering a practical use for the time targets.

February 2007.

06022007 ... positive news expected here.

22022007 ... minor and intraday rally?

23-26022007 ... minor and positive

From 6/2 PNN to start having a good month so get back in or add to positions already held.
---

March 2007.

05032007 ... significant and negative

22032007 ... significant and positive news ...

23-26022007 ... positive news expected.

27032007 ... minor

From 5/3 bumpy ride with March panning out slightly bullish.
-----

April 2007.

13-16042007 ... 2 minor and positive cycles here

17042007 ... minor

26042007 ... positive spotlight on PNN ...

30042007 ... positive news expected here

April 13/16 and it seems PNN off again with a solid positive month

-----

May 2007.

11-14052007 ... 2 minor and positive cycles here

23052007 ... minor

25-28052007 ... minor

May 11/14 slowing down of the solid few months of positive time cycles.
Id expect new highs by now even the month before.
-----

June 2007.

01-04062007 ... minor and positive news

11-12062007 ... significant and negati ve ... finances???

27-28062007 ... minor, positive light on PNN

30062007 ... minor and positive news

June 1/4 Last gasp this run by the looks of it dropping off highs quickly at first but pulling up later in the month
-----

July 2007.

02-03072007 ... good news, but flat trading here ???

July 2/3 not much change here rather flat at a higher than the $2.20 level but not at its peak of March/April or early May.


From an Elliot perspective My view is that PNN will correct in 3 or possibly 5 waves.
If 5 then we will see a longer time for correction of price as a complete 5 waves down will make the first leg of a longerterm 3 possibly 5 wave corrective move. Only time will allow price to develope so that the corrective phase becomes clearer.
I wouldnt be trying to trade this corrective phase. I expect price to fall then rise then fall again in a zigzag type pattern.

Time to watch

 

[Garpal Gumnut]

In the absence of Yogi who must be having a busy weekend collecting picnic baskets I'll have a go at deciphering a practical use for the time targets.

February 2007.

06022007 ... positive news expected here.

22022007 ... minor and intraday rally?

23-26022007 ... minor and positive

From 6/2 PNN to start having a good month so get back in or add to positions already held.
---

March 2007.

05032007 ... significant and negative

22032007 ... significant and positive news ...

23-26022007 ... positive news expected.

27032007 ... minor

From 5/3 bumpy ride with March panning out slightly bullish.
-----

April 2007.

13-16042007 ... 2 minor and positive cycles here

17042007 ... minor

26042007 ... positive spotlight on PNN ...

30042007 ... positive news expected here

April 13/16 and it seems PNN off again with a solid positive month

-----

May 2007.

11-14052007 ... 2 minor and positive cycles here

23052007 ... minor

25-28052007 ... minor

May 11/14 slowing down of the solid few months of positive time cycles.
Id expect new highs by now even the month before.
-----

June 2007.

01-04062007 ... minor and positive news

11-12062007 ... significant and negati ve ... finances???

27-28062007 ... minor, positive light on PNN

30062007 ... minor and positive news

June 1/4 Last gasp this run by the looks of it dropping off highs quickly at first but pulling up later in the month
-----

July 2007.

02-03072007 ... good news, but flat trading here ???

July 2/3 not much change here rather flat at a higher than the $2.20 level but not at its peak of March/April or early May.


From an Elliot perspective My view is that PNN will correct in 3 or possibly 5 waves.
If 5 then we will see a longer time for correction of price as a complete 5 waves down will make the first leg of a longerterm 3 possibly 5 wave corrective move. Only time will allow price to develope so that the corrective phase becomes clearer.
I wouldnt be trying to trade this corrective phase. I expect price to fall then rise then fall again in a zigzag type pattern.

Time to watch

Dear Tech,

Much as I respect you I feel yogi is taking the piste out of you. Go for a ski in a cool clime with your well earned dosh and I'm sure you will see his fantasies in a new light. Garpal

 

[Wysiwyg]

From an Elliot perspective My view is that PNN will correct in 3 or possibly 5 wavFrom an Elliot perspective My view is that PNN will correct in 3 or possibly 5 waves.
If 5 then we will see a longer time for correction of price as a complete 5 waves down will make the first leg of a longerterm 3 possibly 5 wave corrective move. Only time will allow price to develope so that the corrective phase becomes clearer.
I wouldnt be trying to trade this corrective phase. I expect price to fall then rise then fall again in a zigzag type pattern.

Time to watch
es.

It seems like you have a lot of people believe you.Obviously good credability with a strong following.

 

[wavepicker]

Good call Tech

PNN getting smashed today down 25%!

 

[Wysiwyg]

Good call Tech

PNN getting smashed today down 25%!

I hope you end up kicking **** around d`head

 

[Magdoran]

I hope you end up kicking **** around d`head

What’s the matter Wysiwyg?

Were you long in this stock? You can’t blame technical analysts for making forecasts (which in this case came true). If you’re complaining about market action, with all due respect, you shouldn’t be in it if this is the case.

If you’re having a go at wavepicker, why is this? He is saluting tech’s excellent Elliott work, fellow EW user one to the other. This is positive affirmation. What’s wrong with that?

For that matter I’ll join in the praise: Excellent work tech. First class call. Hope you traded it short!


Regards


Magdoran

 

[Wysiwyg]

What’s the matter Wysiwyg?

Were you long in this stock? You can’t blame technical analysts for making forecasts (which in this case came true). If you’re complaining about market action, with all due respect, you shouldn’t be in it if this is the case.

If you’re having a go at wavepicker, why is this? He is saluting tech’s excellent Elliott work, fellow EW user one to the other. This is positive affirmation. What’s wrong with that?

For that matter I’ll join in the praise: Excellent work tech. First class call. Hope you traded it short!


Regards


Magdoran

What is the matter?Well my finances are being monitored/controlled and I am powerless to do anything about that.He was having a dig and I hope someone has a dig at him/her when their trades go down.

 

[wavepicker]

What is the matter?Well my finances are being monitored/controlled and I am powerless to do anything about that.He was having a dig and I hope someone has a dig at him/her when their trades go down.

Man you got real problems. You must be so insecure.

Before you opened your trap, I didn't even know you existed let let alone read your posts.

My comments were directed to Tech and the chart he posted nothing or no one else.


Hope your trades recover, but I think you need some additional help like seeing a shrink.

 

[Joe Blow]

Gents lets not resort to personal attacks please.

Wysiwyg: It is quite clear that Wavepicker was not having a dig at you. I understand that it is never a pleasant experience being on a stock that is going down (we've all been there) but lets not start attacking each other over someone's analysis.

Now lets get this thread back on track please.

 

[Magdoran]

What is the matter?Well my finances are being monitored/controlled and I am powerless to do anything about that.He was having a dig and I hope someone has a dig at him/her when their trades go down.

You are a most odd character Wysiwyg,


I think you have totally misread the situation (perhaps bought on by the pain you are currently feeling with your trade, which I can sympathise with).

wavepicker was saluting an excellent piece of Elliott Wave technical analysis by tech, who for a long time resisted EW theory, and has now in my view become a proficient practitioner.

wavepicker in my view is probably the most accomplished EW practitioner I know, including ALL the posters on this site, so for him to salute tech is quite a salutation.

The reality is that you are the captain of your own ship, and if you decided to go long this stock, or remain long, despite the detailed work above, then that is your sole responsibility. If you are a serious trader/investor, you need to accept responsibility for your actions, good or bad, and direct the angst at yourself, not at others engaged in their own market activities.

Let me put this in perspective: If wavepicker, tech, or I were short a stock you were long in for instance, and the stock shot up bullishly, you’d be ecstatic about your win, and probably not be aware of our losses if we made a bad call and were caught short. You might comment on it in a thread, and pat yourself on the back. You may not be aware that other players may have been short the stock you were long in.

Imagine that someone got cross with you for your elation (you have commented on many stocks in threads on this website).

Can you see how your response is unreasonable, and quite hypocritical?

A good sport would hail the winners, and acknowledge their good fortune, and in this case excellent T/A work.

Perhaps you can belatedly apologise and do the right thing and salute a good call.


Regards


Magdoran

 

[Snakey]

What’s the matter Wysiwyg?

Drug bust in nimbin
no drugs there now

 

[Wysiwyg]

You are a most odd character Wysiwyg,


I think you have totally misread the situation (perhaps bought on by the pain you are currently feeling with your trade, which I can sympathise with).

wavepicker was saluting an excellent piece of Elliott Wave technical analysis by tech, who for a long time resisted EW theory, and has now in my view become a proficient practitioner.

wavepicker in my view is probably the most accomplished EW practitioner I know, including ALL the posters on this site, so for him to salute tech is quite a salutation.

The reality is that you are the captain of your own ship, and if you decided to go long this stock, or remain long, despite the detailed work above, then that is your sole responsibility. If you are a serious trader/investor, you need to accept responsibility for your actions, good or bad, and direct the angst at yourself, not at others engaged in their own market activities.

Let me put this in perspective: If wavepicker, tech, or I were short a stock you were long in for instance, and the stock shot up bullishly, you’d be ecstatic about your win, and probably not be aware of our losses if we made a bad call and were caught short. You might comment on it in a thread, and pat yourself on the back. You may not be aware that other players may have been short the stock you were long in.

Imagine that someone got cross with you for your elation (you have commented on many stocks in threads on this website).

Can you see how your response is unreasonable, and quite hypocritical?

A good sport would hail the winners, and acknowledge their good fortune, and in this case excellent T/A work.

Perhaps you can belatedly apologise and do the right thing and salute a good call.


Regards


Magdoran

Your comment is very reasonable and from this I can see you would take the same situation when it happens to you (in reference to the comment)differently.I have already acknowledged tech/ays prediction from yesterday.It is unfolding as he said.The following comment got me REALLY HOT under the collar.And that is that.

 

[Magdoran]

Your comment is very reasonable and from this I can see you would take the same situation when it happens to you (in reference to the comment)differently.I have already acknowledged tech/ays prediction from yesterday.It is unfolding as he said.The following comment got me REALLY HOT under the collar.And that is that.

Now, that’s the spirit! I’m glad you’re seeing this in a better light.

It’s perfectly understandable that you felt bad. We’ve all been there.

Good of you to acknowledge the call in good grace.


Mag

 

[Wysiwyg]

Drug bust in nimbin
no drugs there now

Very funny snakey :cwm10:

 

[SevenFX]

In the absence of Yogi who must be having a busy weekend

I havent seen any response as yet from Yogi, and wonder if he doesn't acknowledge any bad calls, which I'm sure we've all made and most acknowledge.

I for one would be interested to hear his response from a professional capacity, without any clashes or attacks, whether he got it wrong or not.

SevenFX

 

[Kauri]

......Silence speaks volumes....

 

[56gsa]

don't be too harsh - Yogi still has till end of today for the positive news - remember he didn't say this would increase share price - see PNN thread for why positive news may be decreasing PNN sp. (perhaps this was the missing fundamental analysis to complement these other two tools?)

Also techs pick of the top was perfect but his graphing of the fall was slightly off - does this get revised tech so there is now a lower bottom for the wave 3...

my bet is they will both be sort-of right....

 

[jemma]

This is what Yogi wrote on BLR- three negative time cycles in a row which never happened. He could not have been further wrong if he tried. In other words, pay no attention to Yogi of he will cost you all profits.


Hi folks,

Quite so, Jemma ..... and here's how it looks,
from this end:

05012007 ..... minor and positive ... finance-related?

15012007 ..... minor and positive news ???

16012007 ..... minor

19-22012007 ..... positive light on BLR

29012007 ..... significant and negative - finances???

02022007 ..... significant negative news expected.

19022007 ..... negative spotlight on BLR

21022007 ..... significant and positive .... finances???

16-19032007 ..... 2 significant cycles may bring some
negative news here ... ???

20-21032007 ..... March equinox should see a positive
spotlight on BLR.

10042007 ..... positive news expected here ???

12042007 ..... seriously negative aspect ... finances?

20042007 ..... difficult cycle here.

27042007 ..... minor and negative news expected

08052007 ..... minor and negative - finances???

11052007 ..... significant and negative news

15052007 ..... rally off lows???

21052007 ..... negative spotlight on BLR

29052007 ..... minor and negative news - test lows?

05062007 ..... significant and positive - finances???

21062007 ..... uneasy market here.

22-25062007 ..... June solstice brings another difficult
aspect, but leaning towards more positive market reaction.

November and December 2007 will likely be the most
positive months for BLR .....

happy days

yogi

 

[tech/a]

Predicting corrective waves is tantamount to astrology. : (only kidding.)

I really cant say at this time and while there is supply into buyers like there is now---there is really no indication of where it will pull up.

What I can say is that NORMALLY the deeper a correction goes the LONGER a stock will take to recover.
Being the end of a Wave 5 and now a completion of a wave 1 in a larger timeframe again NORMALLY wave 1 corrections are deep. Looks to be the case so far here.

I'm no expert in E/W by the way but have a basic knowledge which I'm keen to increase.Over 12 yrs its been annoyingly accurate (when my analysis contradicts it),hence my renewed interest in this analysis.

I think its power is the ability to know WHERE you are in a trade WHEN you take that trade. I want to know Im trading in an up move not a correction particularly on a longer timeframe. As an example I wouldnt want to get into this (PNN) If it came up as a potential.

Incidently the chart only showed an indicative and possible retracement value as shown in RED Ive snipped it out---below.