Hav anyone play stocks using Eillot waves?

Singapore
March 6, 2007 10:06pm CST
Just wan to know if there is anyone hav any success in playing stocks using eillot wave method? I hav been using this method for nearly half a yr but the result had been dissappointing.If anyone care to share if u hav any success?Wat are parameters u used to choose the stocks
1 response
@efreddy (250)
• Belgium
10 Mar 07
The Elliott Wave Theory is a theory about golves and the difficulty is to know in whitch golf we are and how long these golf will hold. I 'm using an other method ,it's long term based . The shares of a company that make good results over the years should go up unless it's already to expensive because people are too optimistic,I look over the stock prices over a long term ,the highest and lowest prices,the growed of the company ,so it's very clear that most company's from the S&P 500 have better results then in 2000 though the price of their shares stood lower,the reason is that the stocks were overvalued in the year 2000,the company's have better results over 2003 too but not so good then the share prices are going up since 2003,the shares were in 2003 undervalued,when you look on this results the great unknown is if the next move going to under of overvalued ,in the recent circumstances it's better to take a 50% -50% change and leave some money in the stock market but some out ,so you can buy when there are interesting declines and sell by to optimistic raising shares.
• Singapore
12 Mar 07
Does it mean u buy stock when it is undervalued or overvalued rite??How do u gauge whether its overvalued or undervalued??