Comments on: Congratulations Daneric http://sovereignspeculator.com/2010/01/24/congratulations-daneric/ Thoughts on the markets and the decline of the west Mon, 20 Dec 2010 14:00:49 +0000 http://wordpress.org/?v=2.6 By: The New Elliott Wave Rule http://sovereignspeculator.com/2010/01/24/congratulations-daneric/#comment-8497 The New Elliott Wave Rule Fri, 12 Feb 2010 20:08:31 +0000 http://sovereignspeculator.com/?p=3408#comment-8497 I will certainly not bash them. I learned waves from Prechter. He is only telling what the wave count tells him and he is doing it according to the rules as he knows them. He is being true to his craft and delivering a message that would help people prepare for down markets. There is something that the markets taught me that Prechter did not. For the first time in 70 years there is some really good news about Elliott Wave which was completely unexpected. Discovering the Key to Elliott Waves which the waves themselves generate has led to some startling discoveries. The New Elliott Wave Rule is just one. A Brand New book, "The New Elliott Wave Rule - Achieve Definitive Wave Counts" was just published and the best part is that for now the $95 value book is free here <a href="http://newelliottwaverule.org/info/ebook_bc.htm" rel="nofollow">The New Elliott Wave Rule</a> I will certainly not bash them. I learned waves from Prechter.
He is only telling what the wave count tells him and he is doing it according to the rules as he knows them.

He is being true to his craft and delivering a message that would help people prepare for down markets.

There is something that the markets taught me that Prechter did not.

For the first time in 70 years there is some really good news about Elliott Wave which was completely unexpected.

Discovering the Key to Elliott Waves which the waves themselves generate has led to some startling discoveries. The New Elliott Wave Rule is just one. A Brand New book, “The New Elliott Wave Rule - Achieve Definitive Wave Counts” was just published and the best part is that for now the $95 value book is free here The New Elliott Wave Rule

]]> By: Graphite http://sovereignspeculator.com/2010/01/24/congratulations-daneric/#comment-8259 Graphite Sun, 24 Jan 2010 23:56:31 +0000 http://sovereignspeculator.com/?p=3408#comment-8259 <i>A lot of bears are fans or subscribers, and a lot of them lost money in 2009. Naturally, when they made money in the crash it was on their own brilliance, and what is a newsletter for if not to excuse your losses?</i> IMO this has a great deal to do with the near-unanimous EWI bashing on the forums at Slope of Hope, evilspeculator, etc. For example, look at how EWI is often criticized for calling for P3 to start "any day now." It's really not the case at all, but I get the feeling a lot of bears loaded up on six month puts on that basis and need someone to project their mistakes onto. Another thing EWI gets absolutely no credit for is warning their subscribers that 95% should simply stay safe and in cash and not fool around with shorting and other forms of speculation. And when they do recommend any speculations they caution against using monster leverage and playing with any money you cannot afford to lose. But from the tone of the EWI bashing you would thinking Prechter had been screaming "put it all in 3-month OTM puts!" since March. A lot of bears are fans or subscribers, and a lot of them lost money in 2009. Naturally, when they made money in the crash it was on their own brilliance, and what is a newsletter for if not to excuse your losses?

IMO this has a great deal to do with the near-unanimous EWI bashing on the forums at Slope of Hope, evilspeculator, etc. For example, look at how EWI is often criticized for calling for P3 to start “any day now.” It’s really not the case at all, but I get the feeling a lot of bears loaded up on six month puts on that basis and need someone to project their mistakes onto.

Another thing EWI gets absolutely no credit for is warning their subscribers that 95% should simply stay safe and in cash and not fool around with shorting and other forms of speculation. And when they do recommend any speculations they caution against using monster leverage and playing with any money you cannot afford to lose. But from the tone of the EWI bashing you would thinking Prechter had been screaming “put it all in 3-month OTM puts!” since March.

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