Friday, October 19, 2018

Be greedy when others are fearful [LEN]

Lennar longs, it is well documented in my paid subscribers blog that my Elliott wave model told people to get out of this ticker at the exact peak of orange 2.  It has been a bruising 12 months and now fear is everywhere.

But while everyone else is freaking out, I'm telling my subscribers to look for a bottom within the circled area of the model chart below.  This is specific, actionable intel that comes with bailout triggers. I will tell traders exactly when to buy, why the model says it should be bought, and what to look for in selling targets.  If you are a buy and hold person, you just learned why that is not a very good methodology.  You just lost 40% of your equity.  This is not what smart people do, but most people don't know what else to do so they just buy and hold.

If you want to know more on the likely future of the Lennar chart or more about how Elliott waves can help you time entry and exit points in the market, click the subscribe link above.

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