CONTRARIAN ADVISOR MARKET COMMENTARY: Zoran Gayer Elliott Wave

Monday, August 29, 2005

Anonymous said...: Hi Zoran Gaver EW,

I have just read your comments from the safe haven broad, and I would like to suggest that maybe you can also label the week of 5/13/2005 (DJI) as the 'GM bonds turn junk'. It was the start of the 3 higher weekly lows you are naming, as number 2 being the London Bombing and 3 being the Katrina higher low.

Also the number 2 weekly low of 10,171 on the DJI had a evening print at 10035 at about 5:00am est., showing the weakness of the higher low as the daily print does not.

Thanks for all your hard work and comments.; 6:47 AM
Marc R said...: Zoran,

I am honored by your comments and appreciate the time you took to comment. I have long admired your detailed EWT and insightful work.

Did I understand correctly where you once pondered whether WAVE 5 in orignal BULL MKT ever completed? and that the true Bear Mkt has yet to begin?

Either way, it is obvious tome we are in TOP building not bottom building, as historical norms in every orifice are turned upside down. HOW can we look ahead confidently with already historical debt extremes and money expansion already booked!?

Best to you my friend,
Duratek; 7:20 AM
Anonymous said...: Interesting blog. I can see that you've done a lot of work on it.

Regards,
Stock Options Trader
option trading software; 12:36 AM

CONTRARIAN ADVISOR MARKET COMMENTARY