Briefly, Elliott theorized that all major market moves could be described by a five-wave series. The classic Elliott Wave series would consist of an initial wave up, a second wave down (often retracing 61.8% of the initial move up), then the third wave (usually the largest) up again, then another retracement, and finally the fifth wave, the last gasp, which would exhaust the movement. He described all sorts of Fibonacci relationships which could occur among these waves.
http://www.luckymojo.com/fibonaccimkt.html
http://en.wikipedia.org/wiki/Elliott_wave_principle
2 comments:
Hi there!
I would like to burn a theme at this forum. There is such a thing, called HYIP, or High Yield Investment Program. It reminds of financial piramyde, but in rare cases one may happen to meet a company that really pays up to 2% daily not on invested money, but from real profits.
For quite a long time, I make money with the help of these programs.
I don't have problems with money now, but there are heights that must be conquered . I make 2G daily, and I started with funny 500 bucks.
Right now, I'm very close at catching at last a guaranteed variant to make a sharp rise . Visit my blog to get additional info.
[url=http://theblogmoney.com] Online investment blog[/url]
Good day, sun shines!
There have were times of hardship when I felt unhappy missing knowledge about opportunities of getting high yields on investments. I was a dump and downright pessimistic person.
I have never thought that there weren't any need in big starting capital.
Nowadays, I'm happy and lucky , I started take up real money.
It's all about how to select a correct partner who utilizes your funds in a right way - that is incorporate it in real business, parts and divides the profit with me.
You may get interested, if there are such firms? I have to tell the truth, YES, there are. Please get to know about one of them:
http://theinvestblog.com [url=http://theinvestblog.com]Online Investment Blog[/url]
Post a Comment