John Male Los Angeles,CA United States: Like

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Elliott Wave Theorist’s Steve Hochberg recently wrote this:

Started Oct 14, 2021 0 Replies 0 Likes

What have the Germans done recently to deserve

Started Aug 28, 2021 0 Replies 0 Likes

Question: if you ran 'Elliott Wave Theorist', what would you do?

Started Jul 16, 2021 0 Replies 0 Likes

Tags: Wave, Elliott, Prechter, Hochberg, EWI

Pathetic and charlatans

Started this discussion. Last reply by John Apr 2, 2021. 4 Replies 1 Like

Tags: Hochberg, Prechter, EWT

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Elliott Wave Theorist’s Steve Hochberg recently wrote this:

Elliott Wave Theorist’s Steve Hochberg recently wrote this:“As the bear market progresses, U.S. junk bond yields will eventually resemble China’s junk bond yields as world credit evaporates. The contagion will then spread to higher-grade credits. It’s how bear markets operate.”My take: He could be correct, because he sure doesn’t know how a bull market operates.See More

Oct 14, 2021

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John posted a discussion

What have the Germans done recently to deserve

Anyone who remotely follows the Prechter Hochberg wealth destruction series is aware that they are religious in their market view. They ‘know’ the true path of the stock market (all markets just as accurately) and woe to non-believers.But:What have the Germans done recently to deserve the horror of a German edition of the ‘Elliott Wave bible’?The online edition of Elliott Wave Principle: Key to Market Behavior, the most useful and comprehensive guide to understanding and applying Elliott…See More

Aug 28, 2021

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John posted a discussion

Question: if you ran 'Elliott Wave Theorist', what would you do?

There is information below from Sentiment Trader, describing what almost everyone knows: The 2020-2021, 16 month bull market, is one of the largest and sharpest in recent history. In case you do not know, the analysts at Elliott Wave Int'l have been bearish from the March 2020 lows and 'fought' the bull market for its entire advance. They constantly warned a top was at hand, or the market would top very soon. They we're hostile to the market and to its investors, with a tone of the morality of…See More

Jul 16, 2021

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John posted a blog post

Steve Hochberg as Scarlett O’Hara

EWT’s Hochberg continues his pathetic gibberish in the guise of wise Buddha like sayings:’Inertia grips the S&P 500 as today’s 0.39% trading range was the smallest of the year, as shown on the Bloomberg chart above. Low volatility precedes high volatility and inaction leads to action, so expect some wide-ranging days in the not-too-distant future.’No specificity, no plan or action of how to use this ‘insight’.In todays world of actual research capability, he mutters the equivalent of ‘this…See More

Jun 20, 2021

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John replied to the discussion 'Pathetic and charlatans'

"I was also thinking, apart from their EW analysis (or bastardized version of it), they commit other trading large mistakes. They consistently fail to place stop points. They mainly only rely on one analytic area, sentiment. Which they…"

Apr 2, 2021

Steven Vincent replied to the discussion 'Pathetic and charlatans'

"Thank you sir"

Apr 1, 2021

John replied to the discussion 'Pathetic and charlatans'

"Ok, so you think EW is a useful approach. I respect that approach and the way you describe it. Holy scripture sure is hard to argue with."

Apr 1, 2021

Steven Vincent replied to the discussion 'Pathetic and charlatans'

"I think I make really good use out of Elliott Wave because I use it as part of a total package and I use it objectively. Prechter makes his rules into holy scripture that can never be questioned. A good analyst will always maintain a…"

Apr 1, 2021

JOHN DVORAK liked John's discussion Pathetic and charlatans

Mar 30, 2021

John posted a discussion

Pathetic and charlatans

Anyone reading EWT and Prechter and Hochberg?Prechter hides behind one good commodity (but impossible to use ) call 13 years ago or so in 2008, and now makes another shoot for the moon commodity call many years out. So you’ll never know if he was correct, but you will need to trade many times before then. So he doesn’t matter.Useless.Hochberg, who has fought (stupidly) an extremely powerful bull market in stocks for 13 months, wait, for 13 years, wait...even longer than that, now points out…See More

Mar 27, 2021

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James G. Pomeroy liked John's blog post Contrary indicator

Feb 12, 2021

John commented on the blog post 'Contrary indicator'

"Regardless of whether a new Stock market high is hit, they (EWT) remain hilarious."

Jan 23, 2021

John posted a blog post

Contrary indicator

Is it a concern when a long term super bear all of a sudden begins calling for new highs? Even when those new highs are part of coming ‘Armageddon’? Because EWT is now calling for that!Hochberg is now calling for new highs (of course, the odds favor that outcome. The market is in an historic bull advance). But for about 10 months straight, in the face of the major bull market advance, they have said ‘stock market major drop is dead ahead’ ...and now after persistent stock market new highs,…See More

Jan 21, 2021

1 Comment 1 Like

Sandeep Kumar liked John's blog post Elliott Wave International: Short and simple

Dec 2, 2020

John posted a blog post

Elliott Wave International: Short and simple

Elliott Wave International: Short and simpleI am not sure they fully understand that for most people, the purpose of the markets is, quite simply, to make money. An indication they might not share your goal (or any trader/investor’s goal) is they never provide practical guidance for trades.For them, it seems that the more arcane the analysis the better. That seems their purpose. Not making money. In fact, they apparently are so disinterested in making money, entry and exit and stop points are…See More

Nov 30, 2020

0 Comments 1 Like

John posted a blog post

Eleven hours

Robert Prechter/Steven Hochberg write a market update Monday, Wednesday, Friday.The US stock market is open 6.5 hours per day, so they ‘update’ three times in a 33 stock market hours week, every week. Or approximately every 11 hours.From March 2020 to November 2020 occurred one of the strongest bull market advances in the US stock market in decades. It was a highly persistent, continual, historic advance.(by the way, their advice, their updates, are not free).How many times in those every 11…See More

Nov 23, 2020

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Profile Information

What's your current long term market stance?: Neutral

What's your current intermediate term market stance?: Neutral

What's your current short term market stance?: Neutral

What is your style of investing? (You can choose more than one.): Swing Trader

In which markets do you trade or invest?: Stocks, Forex, Commodities, Precious Metals

How long have you been trading or investing?: 5-10 years

Describe your level of market experience.: I'm learning but still losing money

Have you read "Reminiscences of a Stock Market Operator?": Yes

How did you find TheBullBear.com?: MarketWatch.com

John's Blog

Steve Hochberg as Scarlett O’Hara

Posted on June 10, 2021 at 6:47am 0 Comments 0 Likes

EWT’s Hochberg continues his pathetic gibberish in the guise of wise Buddha like sayings:

’Inertia grips the S&P 500 as today’s 0.39% trading range was the smallest of the year, as shown on the Bloomberg chart above. Low volatility precedes high volatility and inaction leads to action, so expect some wide-ranging days in the not-too-distant future.’

No specificity, no plan or action of how to use this…

Continue

Contrary indicator

Posted on January 21, 2021 at 7:03am 1 Comment 1 Like

Is it a concern when a long term super bear all of a sudden begins calling for new highs? Even when those new highs are part of coming ‘Armageddon’? Because EWT is now calling for that!

Hochberg is now calling for new highs (of course, the odds favor that outcome. The market is in an historic bull advance).

But for about 10 months straight, in the face…

Continue

Elliott Wave International: Short and simple

Posted on November 30, 2020 at 7:47pm 0 Comments 1 Like

Elliott Wave International: Short and simple

I am not sure they fully understand that for most people, the purpose of the markets is, quite simply, to make money. An indication they might not share your goal (or any trader/investor’s goal) is they never provide practical guidance for trades.

For them, it seems that the more arcane the analysis the better. That seems their purpose. Not making money. In fact, they apparently are so disinterested in making money,…

Continue

Eleven hours

Posted on November 19, 2020 at 7:00am 0 Comments 0 Likes

Robert Prechter/Steven Hochberg write a market update Monday, Wednesday, Friday.

The US stock market is open 6.5 hours per day, so they ‘update’ three times in a 33 stock market hours week, every week. Or approximately every 11 hours.

From March 2020 to November 2020 occurred one of the strongest bull market advances in the US stock market in decades. It was a highly persistent,…

Continue