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Forum - Wall Street Pit (S&P 500 Index - "Spiders - SPY)    Stock Due Diligence for All

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From: spuds (Rep: 356) reply to spudsDate: 04/01/2020 09:07
Forum: Wall Street Pit - Msg #2830508 - List SPY msgs Thread #674138941 (Rec: 0)
Re: 5th wave down underway big GAP @ 225-235 a big magnet... elliot wave and robert prector have cost me lots of money over the years...but I would say it does seem to reflect human emotion and behavior to some degree in times when external events cause a great deal of uncertainty such as now........yes, when economic conditions are more certain,market prices tend to reflect net present value of future earnings......policy decsions and their economic impact very difficult to predict at the present due to lack of sufficient data..ie not enough data input..ie testing



spuds


Reply to spuds - Msg #2830499 - 04/01/2020 08:47


Re: 5th wave down underway big GAP @ 225-235 a big magnet....elliot wave kind of following out of favor but at times it works very very well...this seems to be one of those times...
http://www.thelion.com/bin/forum.cgi?tf=wall_street_pit&msg=2828861&cmd=read
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