Can professional Elliott wave analysis increase your trading sucess? [QCOM]

The model below is from my very first post ever on Qualcomm.  At the time I wrote, "My high level model of the shares show it to be in the final stages of a multi year dead cat bounce from the fall of dot bomb.  This is clearly a corrective wave.  In fact, it is C of B.  In other words, expect it to collapse into a lower low than the prior $12 low.  The 5 waves up into A are obvious.  We are now working on the 5th wave throw over of an ending diagonal."




Keep  in mind that I don't know Jack Shit about Qualcomm's business. Still, my first post ever on the shares picked the top almost exactly and the shares have moved down sharply since.  Red 1 was a 5 wave motive move and red 2 was a three wave correction.  My model thus predicts that a trap door is about to open for Qualcomm and that the pain is going to get worse and worse as shown.



What do YOU think is going to happen to these shares next?  How will you know if you got it wrong?  When would you know to take profits on your position?  By the so called fundamentals?  I've already proven many times that the fundamentals do not reliably help you understand what the shares are likely to do next.  Is it not truly darkest before the dawn?  Does a light bulb not glow the brightest just before it burns out?  What fundamentals are meaningful today?

Try my subscription market timing service based on Elliott wave analysis and get uncommon insight such as I have provided for Qualcomm and other stocks on this legacy blog. The subscription is $39.95/month if you sign up for monthly service.  If you prefer to go month by month you pay only $54.95.  Either way its one of the best values in market timing insight on the web.  Try it for a month and see if you don't agree.

Peak Disney

Disney has,via openly gay director Bill Condon and for the first time ever, created an openly gay character for its Beauty and the Beast franchise.  The article says, "It may have been a long time coming but this is a watershed moment for Disney," said Attitude editor-in-chief Matt Cain. "By representing same-sex attraction in this short but explicitly gay scene, the studio is sending out a message that this is normal and natural – and this is a message that will be heard in every country of the world, even countries where it's still socially unacceptable or even illegal to be gay.".

Dear Disney, how does it feel to be late to the gay fest?  Your acceptance of this will go down in history as the defining moment when Disney first began to lose its appeal to the paying public.  The more pay for gay that Disney tries to push our way, the lower its revenues and profits are going to be because a conservative leaning public simply is not interested in listening to the gay agenda.  2 or 3 years ago?  Yes.  But now?  All I can say is that those increasingly vocal conservatives who voted in Trump are not going to take their children to any Disney sponsored gay indoctrination day.


There have always been gays and there always will be.  But there will never be any way that gay can be considered "normal" by conservatives for the simple fact that gays do not procreate and our herd requires the ability to have children in order to be considered normal.  It used to be that even real women who could not get preggy were looked down upon and even called names such as "barren" if they could not bear children (even if it was the husband's low sperm count at fault...).  I don't make these truths up, I just point them out without any sugar coating.  And I repeat, as a Libertarian I personally don't care if a person is gay or not.  I think that so called sodomy laws around the world that criminalize gayness are a huge government overstep that should be wiped off the books. Immoral government cannot provide moral leadership to anyone.

Bottom line: leave them alone and let G-d sort it out.