On Friday 20, we post that there was, maybe one last push up to 1,400 area and on Wednesday 25 we post with the real EW count. Both were in the right direction and are correct. So, where is the problem?. The problem is in "how market shake all the participants" and, of course, we are included. Below, is also our post from Thursday 19, and how we fail, because, with so much shake, we think there was one more shake to the upside but the market start it's downfall, but,primary, we were forecasting a downfall, but the problem is:"this one or the next shake".
Todays case is at the inverse, because we are forecasting a downfall, but "this one or the next shake" and we play down, with the past experience, but market has one more shake to the upside.
We confirm our forecast that, when this shaking ends, very, but very soon, the markets will downfall.
Wednesday, April 25, 2012
Friday, April 20, 2012
Thursday, April 19, 2012
We are firmly believers of market shaking to confuse the most participants it can.
We are not counting waves now. We are counting shakes. Maybe shake 9, in place and up we go.
This is a perfect example of how market shake out the participants. Us, who where saying that market goes down, and we maintain that position, think, for a moment, that market was going up. Wrong!!