sp 500 elliott wave analysis - february 4, 2011

[chineseal]

Just how are we going to have a crash if money is continued to be printed and piled into the market?



[coprouch1]

hey David great video as per usual. David i was wondering if you could answer a question for me. according to ewt, wave 3 of an impulse move can not be the shortest of wave 1,3 +5. do you know if the same applies to 5 wave c waves? the reason i ask is that your wave 1 i have at 190ish points wave 3 130ish points so if the same applies to c waves then the 5th shouldn't exceed 130 points???? thanks in advance mate and once again great vid. Rob

[frank299]

As always, Thanks.

You speak of extreme sentiment. Which can be very subjective - how are you measuring sentiment? What indicator \ symbol - if you have a link that would be appreciated.

Thanks

[tradeyourwayout]

@frank299 i loosely track it via comments i start to read on blogs. you start to notice a change in sentiment among the retail traders based on what they write and that can usually be a good indication of a change in trend is close by.

[frank299]

@tradeyourwayout Thanks. Always a pleasure to watch your videos. Appreciate you non wishy washy analysis.

[yairnir]

Great analysis, thank you

I am fo;owing your mind and skils for very long period ' by fire and water'

In good days and bad days 'but alwais acting os you predict the market

thank you david

god blass you

yair nir

israel

[tradeyourwayout]

@yairnir thanks for the comments and well wish. i hope it all works out well for everyone in the end :-)

[alternativeangle]

Yeah thanks mate, I'm stacking silver to hedge



[0urGaia]

thanks david