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Avi is founder of ElliottWaveTrader.net, a live trading room and member forum focusing on Elliott Wave market analysis. Avi emphasizes a comprehensive reading of charts and wave counts that is free of personal bias or predisposition. A lawyer and ... more

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Is That It?
For well over a month, we have been looking for the market to tip its hand and provide us a more appropriate 2nd wave pullback.
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Bull Markets Do Bull Things
When the ES/SPX failed to follow through in a larger wave [2] potential set up today, it brings me back to an old saying about the market: When the market does not follow through on a set-up, it is often telling you something quite clear.
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Have You Felt Like A 'Genius' In This Bull Market Or Have You Felt Lost?
An old adage says "everyone is a genius in a bull market." What that really means is that as long as you keep looking to the long side in a bull market, you will be seen as a genius. So, how do you know when a bull market is coming to an end?
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Is This A Big Fakeout?
For now, I am still looking for a bigger downside reaction in this larger 4th wave.
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Nothing Can Stop This Market - Except?
My primary expectation is for the market to now provide us a c-wave drop in the coming weeks to complete a larger degree wave (iv).
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Is It A Bull Market Or Bear Market In Metals?
Over the last few weeks, the bearish voices have become quite vociferous in their proclamation that the bear market has returned.
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Latest Comments
A Thanksgiving Thought For Metals Investors Who Do Not Appreciate “Alternative” Analysis
4 years ago

COT is a sentiment indicator.. not heavily reliable but it is. It tells how some are positioned. That is not fundamentals.

A Thanksgiving Thought For Metals Investors Who Do Not Appreciate “Alternative” Analysis
4 years ago

Gary, no one was saying this in 2012.. everyone was looking up.

Again, read this to understand why fundamentals will ALWAYS lag:

seekingalpha.com/.../4020394-sentiment-speaks-sentiment-trumps-fundamentals-news

A Thanksgiving Thought For Metals Investors Who Do Not Appreciate “Alternative” Analysis
4 years ago

Gary.. what you still do not understand is that sentiment is what causes fundamentals. It is a logical progression if one actually thinks about it:

seekingalpha.com/.../4020394-sentiment-speaks-sentiment-trumps-fundamentals-news

A Thanksgiving Thought For Metals Investors Who Do Not Appreciate “Alternative” Analysis
4 years ago

I don't agree that they both can have value, since anyone who has followed FA for the last 5 years has been trashed. Why do you need more than what has worked for the last 6 years? THAT is what I don't understand... other than the fact that people use FA as a crutch are just unwilling to part with it, even though it has clearly failed.

A Thanksgiving Thought For Metals Investors Who Do Not Appreciate “Alternative” Analysis
4 years ago

Its easy to say that in hindsight.. especially when all the fundy analysis was looking UP at the time in metals. Just ask anyone who was reading analysis at the time.. it was ALL pointing up. That is why soooooo many got so hurt.

If you have an issue with how I view FA, I suggest you take it up with Prof. Douglas. I think he has a better handle on FA than almost anyone in the world, and has recognized its utter failings.

1 to 5 of 5 comments

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Latest Posts
30 Stock Picks For The Santa Rally
Are you underinvested in this market? Do you need some ideas for stocks that have strong potential to outperform in the coming months? Then read on.
What Can Offer Better Market Timing Than Standard “Timing Cycles?”
While there are many different cycles people follow, most seem to confound those who attempt to trade them.
Metals Bottoming In The Upcoming Week?
Last week, I noted that we still likely have lower levels to strike in this complex, but that I expect the market to set up a bottom very soon. I still maintain that expectation as I write this.
Very Bullish Set Up In The Metals Complex
When we have two 5-wave structures off a major low, it increases the probabilities that we are about to embark on an extremely strong rally.

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