DOW 25,000 By 2011 - Part 8 of 10
Posted on: September 6, 2007 user submitted | Views: | Comment
Elliott Wave analysts (or "Elliotticians") may not need to look at a price chart to judge where a market is in its wave pattern. Each wave has its own "signature" which often reflects the psychology of the moment. Understanding how and why the waves develop is the key to applying the Wave Principle; that understanding includes recognizing the characteristics described below.[2] These wave characteristics assume a bull market in equities. The characteristics apply in reverse in bear markets. Grand supercycle: multi-decade to multi-century Supercycle: a few years to a few decades Cycle: one year to a few years Primary: a few months to a couple of years Intermediate: weeks to months Minor: weeks Minute: days Minuette: hours Subminuette: minutes ABIX, ACCL, APLX, ATSI, BIOF, CHNR, CPWM, CRDC, DATA, FSTR, GCBC, GENR, INSW, INXIW, JRJC, PINN, REFR, SLXP, SPIR, TPTX, TSCC, UBCP, VIRC, WBPRN, WINN, ANV, AXK, BKR, BYW-WT, BZI, DCU, DDD, EAD, ETC, HDS-WT, HWK, IMM, IRN, IVA, PLG, PLX, PNS, SRS, SVA, THK, TKO, TTG, UPI, WSB, YMI, APU, CAE, CFI, CHP, COA, CXO, DEP, DRL, DVR, EJ, ENT, EXM, FLO, FRX, GNK, JQC, MDG, MZ, NCV, OII, PIR, TPX, VC, WPL, WTI
