Elliott Wave theory - why does it work?

[uasish]

Boiled eggs are mundane with out a pinch of salt,only gently trying to open the sleeping giant's mind ,belive in your Signals not in EW,but given a choice amongst 2 signals ,use EW to put a Discreationary Order.Wait for Eveready Industries to bottom out & see the returns,no point in discussing now,i have puten money in it & going to put more,i will loose or gain Mkt & future will decide.

 

[uasish]

Hope to-day can get another Entry at a lower point than the 1st one.

 

[uasish]

If tomorrow it falls substaintially then i may get a chance to Long below my 1st Entry.

 

[uasish]

Still unable to get an Entry below my 1st Entry ,it is not falling substantially to justify my 2nd Entry

 

[uasish]

May be now it may fall.

 

[uasish]

Let me put forward another 2 Scrip ,which as per Metastock generated Buy signal & also match EW.
1) Infy ; as per EW has completed it's 5 Downward waves,hence Upside expected.
2) Aztec Software :Completed 5 Down Waves.
Once again plz do not misunderstand these has given Buy Signals along with others in MS & i selected these 2 ,for EW being favourable.
Bajaj Auto may have also ended it's 5 down Waves.As EW is based on hindsight hence only on EW is misleading ,but given a choice to choose it is definetly handy.

 

[uasish]

To-day it is falling let us see when i can get a 2nd Entry.

 

[uasish]

Will 49.00 break.

 

[uasish]

Tomorrow may come down.

 

[uasish]

Today or tomorrow if can get @ 47.00