Sunday, December 19, 2010

Life in Elliot Wave

Should the Government learn the Elliott wave Principle

Author: Eric Morera
The Elliott wave principle is a huge part of our life , many of us do not notice how our life runs in cycles .Since the moment we are born our life is a impulse to the moment we die . As a Kid , we learn to walk speak and go to school , that wave 1, then come teenagers mistake , huge mistakes , that is wave 2 , then come the best part , we finished University , we start making money we are the kings , every thing is powerful , we can do everything, that is wave 3 , then come the mid-life crisis , wave 4 and then the Fifties  , we are producing but the energy is gone , not momentum that is wave 5. at 65 we retired and come wave a we feel bad , depressing, we have to much time that is wave A , then we learn to live in retirement , a false recovery wave B, and then come the end , wave C when we die , and then a new life begin , a new cycle begin. That Is life fellow and that Is reality.

Mr Elliott did not realized what he was discovering when he did , government , countries , everything follow a cycle . I was Listening to our president today and I came with the idea , that  our government should learn the Elliott wave principle. They should know that  like humans life is a cycle , economic is a cycle . I saw our president extending the unemployment benefit , wanting to increase the Tax break to the only people who create Jobs what a mistake. Our economic world saw a great wave of reality in 2008 .If our government would know the Elliott wave principle , they should know that this is wave B when false recovering happen , when the unemployment is extended , when people are paid $ 8000 .00 dollars to buy a house , when they are paid to buy even car, all those are illusion or false recovery . lets credits the Job creators and our illusion base recovery will become reality . Wave C will happen yesterday the S&P printed a new 2 years high in other word has take 2 years to recovery the 61.8% of the lost in 2008 , there is not momentum to the upside , how it will be if it is a illusion . I will said again , Government , should learn the Elliott wave principle and until wave C happen not a new economic cycle will begun, we should be taking measures to pass the storm , instead of wasting money creating a wave B false recovery . I will teach the president Elliott wave Principle  if he wants.
Article Source: http://www.articlesbase.com/currency-trading-articles/should-the-government-learn-the-elliott-wave-principle-3830407.html
About the Author
Eric Morera senior expert at Elliott Wave Forecast, provide technical analysis for forex investor based at Elliott Wave Principle

Print this post

No comments: