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Saturday, June 03, 2006

The ambiguities of the Elliott wave theory - AAPL

This new clip shows you how you can't really count on the Elliott wave to tell you what to do, sometimes. AAPL is sending mixed messages and the Elliott wave seems to reflect that. With conventional T.A. AAPL's rally is a definite.... MAYBE!

I have a PCCRC on AAPL as I have shown in the last few days. Rally or strong decline, I will be making money with this trade... I hope.


http://www.pathometrix.com/Movies/AAPL6.mov

For my long-term analysis, visit my other site:
http://www.pathometrix.com/Frames.html

1 comment:

Anonymous said...

Juan,

I think this is going up, not yet perhaps but a head and shoulders has again been formed. I think perhaps we need to wait, as you have already intimated, for confirmation of this move.

I think I will go for a CRC on this one though, when it starts to rally.

Thanks again.

EWI