24hgold - The Long Term Bull Market E Wave Count

PRECIOUS METALS (US $)
Gold	1367.30	-17.20
Silver	21.67	-0.20
Platinum	1438.00	4.80
Palladium	708.25	-3.75

WORLD MARKETS
DOWJONES	15318	132
NASDAQ	3482	30
NIKKEI	13007	-26
ASX	4795	-10
CAC 40	3861	-3
DAX	8230	14
HUI	255	-7
XAU	103	0

CURRENCIES (€)
AUS $	1.4122
CAN $	1.3680
US $	1.3394
GBP (£)	0.8563
Sw Fr	1.2322
YEN	127.9100


CURRENCIES ($)
AUS $	1.0543
CAN $	1.0214
Euro	0.7468
GBP (£)	0.6396
Sw Fr	0.9200
YEN	95.5400

RATIOS & INDEXES
Gold / Silver	63.10
Gold / Oil	13.88
Dowjones / Gold	11.20

COMMODITIES
Copper	3.16	0.00
WTI Oil	98.54	0.10
Nat. Gas	3.91	0.00

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Tamoharadasa
Member since October, 2010
60 commentaries -

Commented On
The Long Term Bull Market E Wave Count - David Banister - Market Trend Forecast

Duuh, my 3rd and concluding brainwave, below, farily closely matched the ratio of second and third brainwave volleys, re Total Bewliderment / Vague Comprehension, (tb/vc) statistically suggestive of a decline in my ablility to follow WHAT in HECK you're talking about, Dave !

Rise per period ? And likelihood of using that to predict the exact safe peak time to get out in the next rise ? Like about 40% of the change from peak to valley of last cycle one can safely assume before another turn around is likely?

We do similarly in audiology, measuring auditory-nerve potentials, or "brainwave" speeds, and inter-peak and peak/valley ratios 1-3, 1-5 and 3-5 and also right versus left ear, compared to norms for age etc., to determine "within normal limits" or not. If the ratios are out, it suggests concerns. We can even specify location of the lesion with a fair degree of certainty.

Can you not send a measured controlled stimulus down the monetary pipeline system, as it were, then read the output and compare ratios, gleaned from many samples over time? I guess thats what you're talking about here? Only you have no control of the stimulii, so you just extrapolate based upon the hard data, the rate of changes in the numbers?

In this case, my tb / vc scores suggest a high risk environment, tempering the optimistic numerical scrying. When uncertain, sit and drink tea and watch the fascinating curvy red lines on the gold board go up and down, up and down; fortunately, usually predominantly upp-ish.

So, you're saying we should expect gold to go uppish to about 1735 /z $US, then downerino back for a bit ?

For me this is not so much news ? Call me in 2013. I like the show, though. All the pretty numbers ... I therefore give this Calculus-ian article a generous .625 or a iFibronasty 3 /5.

Commented 504 days ago

Read the headline : I have to be honest that I am grappling with a few possible counts since the March 2009 Bull market commenced in terms of the big picture. With Elliott Wave Analysis, you have to anticipate, monitor, and then adjust.Most of the time I go with my instinct and then only adjust if it looks like I was way off the tracks...Read More

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