Efficient Markets
“I’d be a bum on the street with a tin cup if the markets were always efficient.”
-Warren Buffett
“Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.”
-George Soros
“The Matrix is the world that has been pulled over your eyes to blind you from the truth.”
-Morpheus
“Contrary investing is an art. Big money can be made betting against the herd. But the herd often gathers considerable momentum. The art is in knowing when it’s running out of steam.”





Hi Mr. VIX,
Could you please provide us with your thoughts on where the market is heading from here? I have noticed we are right at the MOBs on the 60 minute (registers an EW3 so down a bit to 960 to 985 and then up for an EW5 finish???) DAY (now we are at the EW5 although the EW2 is strange) and WEEK (picture perfect to me, presently at an EW4, then down to abyss you have discussed) SPX charts. Thanks, I have always valued your research and opinions.
Comment by katzo7 — August 8, 2009 @ 5:43 am
One other issue I forgot to mention is last post was the length of the EW3 on the 60 minute chart. What is that all about?
Comment by katzo7 — August 8, 2009 @ 5:45 am
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