Ocean Power Technologies Share Discussion Threads

[lokesh8] 14/3/2012 13:21

Hi guys,

Steller 5 days trading and 5 days of mega profit ......happy as larry ....

[k3nw00d] 13/3/2012 20:39

Neil, lol - from £4/point over 2 days made £660 lol ;-)

I have good teachers...

Mind you, the Markets have been with us and won't always be able to win like this..... I have taken the profit out my account so I don;t get too carried away and lose it all...

[andonis] 13/3/2012 20:31

MC2-10 was clearly now IN

[neilbuc] 13/3/2012 19:48

Ken is clearly learning plenty. Is that now 20x your money?

[andonis] 10/3/2012 17:42

FTSE should rise first on Monday before retracing....

[andonis] 10/3/2012 11:24

n. do you have good counts for the euro?

[neilbuc] 09/3/2012 18:42

Well after the NFP number i decided to get back into equities. Gone for a north american fund this time. Hopefully MC10 is in. we'll see.

[andonis] 08/3/2012 21:46

n.... ok so we seem to be 'aligned' on the counts at least red upwards. I have a blue low MC1-7 coming 13th March, and I am not sure if yours is low or high,...but if MC2-10 is in then hey ho! Who cares! its going to the stars soon. Time will confirm.

[neilbuc] 08/3/2012 21:28

Yup...that is what i was thinking Adonis regarding MC10. Can still pop higher for the mc3-8.

[k3nw00d] 08/3/2012 19:13

Pretty much spot on mate !!! Well Done !! Fantastic work as usual, keep up the good work ;-)

[andonis] 08/3/2012 10:50

12953 for the dow is a spit distance from here and it is 423% of 12875 the little peak of 7am this morning. Heading that way it seems. Also 12949 very close to 12953 is 161% of the price distance from the minimum 12737 to the peak 12817. So it may well rest when it hits those levels and a short there may well find some profit perhaps down 50 points to 12900

[andonis] 08/3/2012 10:04

The ink has not dried yet and this rise would support the case that MC2-10 has occurred. Support mind you not proof yet for that to be sure we have to wait for 13k+ but there is PLENTY of time for that... A retrace down today is not a problem as this rise has more than accommodated a lot of room for falls while maintaining the upward momentum. The markets are UP no real problem yet whatsoever...

[andonis] 06/3/2012 23:19

N. we agree on MC3. MC4-3 is high for me from 1st Feb. So falls due to MC2 but then higher highs...I expect..The issue is if MC2 10 has been as well!!!!! . If you look at the candle drop of March 6th it allows for MC10 to be there. Looking at Delta, this is a normal end of Delta turning point ITD and LTD. If this is so it seems if has and we are heading for rises from NOW to mid April for MC 11 red and therefore 13k-14k range (without having looked at the precise level) as a probable market top? (Ultra Bullish scenario). Otherwise we must see even today a reversal for lower lows but this is not what I expect from other indicators....

[neilbuc] 06/3/2012 23:14

A....my MC1 is looking a bit skewed....I have have tried both Odds and Evens for the highs...it looks like a blue 6 at the Red 9. I have a Black 8 as a high out near April 5th through to June 1st. Have to wait and see on that though. The biggest thing is that MC4's dont invert and we are right in the middle of the time window for that to come in. So we must be gonna drop alot at some point..maybe this is the drop starting???

[andonis] 06/3/2012 21:36

n....Well todays drop confirmed my count 9 red High is done heading for 10 red as I was saying. I have blue and evens highs and seem to coincide with red odd 9 today the drop confirmed it imo... well done on your short.

PS Whats your next MC3 black? high or low?

[k3nw00d] 06/3/2012 19:04

Good Stuff Guys, all looking good ;-) Will be interesting to see what March 23rd (ish) brings (and beyond)

[neilbuc] 06/3/2012 18:51

Tp.....yeah....welles had points....copan had numbered cycles. If anyone wants to learn you can get a 3 month sub at www.themarketmatrix.com once you have learnt how it works is useful for longer term direction. Not muxh use though if your a day trader IMHO.

[neilbuc] 06/3/2012 17:21

a....just got in and checked I have Red Odds as Highs......:) Point 9 looks like it just came in. Who cares...I was short from 1366. Closed half rest trailing......nice!

[tpaulbeaumont] 06/3/2012 17:17

the inventor neil? welles wilder?

[neilbuc] 06/3/2012 16:18

I have tried to invert the count, but it doesn't fit if you know what the official count is from 2000 to 2008.....and i have that....and it is not my count but the inventors. Once you know that past the future should be easier to predict and trade off of that. Not one losing year from 2003.....so i think i will stick with what i have just now. If something major chanhes i will reasses.

[neilbuc] 06/3/2012 16:18

A....will check. To my knowledge just because blue and odds and highs, does not mean red odds also have to be highs. Don't remember seeing that on the cds. Fyi.....i know what the count is exactly up to Dec 2007 ...the official one.

[andonis] 04/3/2012 10:26

n. If price and time coincide on 29th, that is point 9 and hence 9, 7 are highs hence your count must be the other way round, red odds high.

[andonis] 01/3/2012 01:56

Elliott Wave counts for FTSE progress from previous post...