test4

Thursday, September 24, 2009

Someone asked me why I load MIIF

Someone in forum asked me why I still load MIIF and plan to load more CitySpring even though my counts show that a top is imminent.

Other than the 3 reasons provided earlier, namely

1) Corrective waves could be complex. This is expected to be a corrective wave at the primary level right? It could well be an A-B-C-X-A-B-C or a A-B-C-D-E triangle... You never know if Primary B decides to extend and form an expanded flat to retouch 3900. Don't put the cart before the horse...

2) Impulse waves of C could have extensions too.

3) Although Elliott waves of different indexes do tend to move in tandem, there's no rule that state that they must do so.


My other 4 reasons are:

1) This is mainly for FA and dividend plays

2) Load into defensive dividend plays, downside risks low, receive dividends which will still allow me to load into growth stocks when correction comes

3) This one important: My wave counts are for STI, and blue chips are the one that will affect the index more, not small caps like CitySpring and MIIF

4) About to correct, yes, but my counts are that wave 5 is approaching, so there might still be some more upside

1 comment:

  1. PLEASE READ!!Hello Guys!!! I am Caro I live in Ohio USA I’m 32 Years old, am so happy I got my blank ATM card from Adriano. My blank ATM card can withdraw $4,000 daily. I got it from Him last week and now I have withdrawn about $10,000 for free. The blank ATM withdraws money from any ATM machines and there is no name on it because it is blank just your PIN will be on it, it is not traceable and now I have money for business, shopping and enough money for me and my family to live on.I am really glad and happy i met Adriano because I met Five persons before him and they could not help me. But am happy now Adriano sent the card through DHL and I got it in two days. Get your own card from him right now, he is giving it out for small fee to help people even if it is illegal but it helps a lot and no one ever gets caught or traced. I’m happy and grateful to Adriano because he changed my story all of a sudden. The card works in all countries that is the good news Adriano's email address is adrianohackers01@gmail.com

    ReplyDelete

Please Comment >>