tag:blogger.com,1999:blog-9226230.post4769934708190746074..comments2023-10-20T05:43:46.254-07:00Comments on All Allan: Trading Elliott WavesUnknownnoreply@blogger.comBlogger14125tag:blogger.com,1999:blog-9226230.post-71340369438997253542009-02-17T19:11:00.000-07:002009-02-17T19:11:00.000-07:00only wave 5 is predictable with stop at point 3 fo...only wave 5 is predictable with stop at point 3 for a nice profit. wave 3 is for the insiders. that´s all folks.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9226230.post-66192896792243955892008-12-24T05:52:00.000-07:002008-12-24T05:52:00.000-07:00Thanks Allan. I guess the confusing part for me i...Thanks Allan. I guess the confusing part for me is that in my trading account, the drop in stock value did not come with a corresponding rise in cash. What I'm gathering is that this cash won't show up until later (perhaps 12/30?)<BR/><BR/>WayneAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-9226230.post-26793137314312195512008-12-23T17:24:00.000-07:002008-12-23T17:24:00.000-07:00AllanDo you think the drop in GFRE is exclusively ...Allan<BR/><BR/>Do you think the drop in GFRE is exclusively market related?<BR/><BR/>Thanks for your continued sharing and Happy HolidaysAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-9226230.post-7779191757148779652008-12-23T15:07:00.000-07:002008-12-23T15:07:00.000-07:00Has to do with record date, not payout date. Note...Has to do with record date, not payout date. Note that the short-term gain dividend is $16, about the same amount of initial drop in shares at the open. They sure did catch a lot of folks by surprise, though.Ahttps://www.blogger.com/profile/04435140994142833427noreply@blogger.comtag:blogger.com,1999:blog-9226230.post-38112909434097813952008-12-23T13:46:00.000-07:002008-12-23T13:46:00.000-07:00Allan,Any idea what happened to DXD today? It suf...Allan,<BR/><BR/>Any idea what happened to DXD today? It suffered a $15 drop today. I did find a dividend distribution notice (http://biz.yahoo.com/bw/081222/20081222005889.html?.v=1) but payout date I think is 12/30. So not sure what just happened, esp. considering the Dow actually is down 100 points as of this post.<BR/><BR/>WayneAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-9226230.post-70616017029963682892008-12-21T20:05:00.000-07:002008-12-21T20:05:00.000-07:00Harsh: Yes, if a double bottom holds, its bullish...Harsh: Yes, if a double bottom holds, its bullish and if a double bottom fails, it's bearish. But what does that tell you? What it doesn't tell you is if the double bottom will hold or fail. <BR/><BR/>One of the points I hope my readers are getting is that there are many ways to view and trade markets and that it isn't as important which methodology you chose as it is that you have a method.Ahttps://www.blogger.com/profile/04435140994142833427noreply@blogger.comtag:blogger.com,1999:blog-9226230.post-14005104780098479772008-12-21T19:16:00.000-07:002008-12-21T19:16:00.000-07:00Alan,Enjoy reading your blog and a new Advanced Ge...Alan,<BR/><BR/>Enjoy reading your blog and a new Advanced Get subscriber myself. To put things upfront, I am not a good chart reader and mainly use charts to support my fundamental thesis.<BR/><BR/>The question I have is about double bottom. When you extend the SPX chart to multiple year time frame you see a clear double bottom at current levels. How do you interpret this? If these levels dont hold, we are going way low. But isnt holding these levels a bullish sign?Anonymoushttps://www.blogger.com/profile/04074064278356229836noreply@blogger.comtag:blogger.com,1999:blog-9226230.post-75763592018943394632008-12-21T12:11:00.000-07:002008-12-21T12:11:00.000-07:00Thanks Allan. YQThanks Allan. YQAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-9226230.post-47836882616959480882008-12-21T11:48:00.000-07:002008-12-21T11:48:00.000-07:00YQ: In August there were two Sells, about 5 days a...YQ: In August there were two Sells, about 5 days apart, the first one resulted in marginal higher prices and then the second one resulted in several thousand DJIA points lower. I would welcome a similar outcome now, since I made a s__load of money in August through October. <BR/><BR/>In other words, if the first FBS signal fails, load up on the next one.Ahttps://www.blogger.com/profile/04435140994142833427noreply@blogger.comtag:blogger.com,1999:blog-9226230.post-52548837145886889452008-12-21T09:21:00.000-07:002008-12-21T09:21:00.000-07:00Hi Alan,Thanks for your posts. I just wonder in ea...Hi Alan,<BR/><BR/>Thanks for your posts. I just wonder in early August, the stochastic cross-over happened under 75, however, the market resumed its uptrend few days after and made a higher high. Since we are currently in the same level rebounce as that one, what do you think about that? Thanks.<BR/><BR/>Happy holidays,<BR/><BR/>YQAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-9226230.post-50272514722360549982008-12-20T21:27:00.000-07:002008-12-20T21:27:00.000-07:00His family announced his passing with a post on hi...His family announced his passing with a post on his web site, quite a shock for anyone who was following his work. Makes one stop to ponder the concept of mortality, and the randomness of life.<BR/><BR/>As for Prechter, I am tired trying to defend him and his work to naysayers, so if you don't like his analysis, don't read it and if you don't read it, don't comment on it. <BR/><BR/>Same for Neely, he's nailed some 200 S&P moves with the precision of a diamond cutter, something no one else has come close to doing.Ahttps://www.blogger.com/profile/04435140994142833427noreply@blogger.comtag:blogger.com,1999:blog-9226230.post-51688432413930340442008-12-20T21:17:00.000-07:002008-12-20T21:17:00.000-07:00The late Dominick Mazza one of the best elliott tr...The late Dominick Mazza one of the best elliott traders I have ever known used to always warn about the 5 wave that never happens. Robert Prechter has been calling the top for 8 years and I have watched Neely use 100-150 es points as stops.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9226230.post-26558970667120796312008-12-20T20:47:00.000-07:002008-12-20T20:47:00.000-07:00Thank you Allan for sharing. Happy Holidays to yo...Thank you Allan for sharing. Happy Holidays to you and your family.<BR/><BR/>- Shyamtshyamthttps://www.blogger.com/profile/02838520537716387093noreply@blogger.comtag:blogger.com,1999:blog-9226230.post-68843915924398037972008-12-20T15:02:00.000-07:002008-12-20T15:02:00.000-07:00Allan, Once again,thanks for sharing. Have a Happ...Allan, Once again,thanks for sharing. Have a Happy Hanukkah and a Merry Christmas, hopefully with your daughters.<BR/><BR/>Doug in ATLAnonymousnoreply@blogger.com