Profile

Updated August, 11, 2018

This is a new profile page with an updated picture to boot! I started following charts as soon as they had color on the internet in the early 1990’s. I also had a small trading account at that time, when the markets were extremely bullish. The 1990’s gold maina popped and all gold and gold stocks crashed into the 1999 bottom time period.

I use the Elliott Wave Principle but with a big twist, I only follow the Cycle degree turnings and positions. This is a minimum of 2 degrees lower than the majority of all wave positions out today! Elliott Wave 5.0 is dedicated entirely on finding tracking and confirming all the markets from a Cycle degree perspective. Without all the Cycle degree turns confirmed no Supercycle degree or Grand Supercycle degree has a stable base to work on.

I consider RN Elliott and his first published papers as being the first version which Robert Prechter also published in the yellow book. RN Elliott recognized the patterns without the help of computers and fancy software. Doing Elliott Wave analysis with simple pen and paper keeps objectivity alive and forces us to think more in real time. The majority of wave analysis is done using pattern recognition and not the price of any single asset. Wave analysis can also be used for much more than just financial charts as wave patterns show up in other natural recordings. Solar Cycles show good wave action. When there is a crowd, and investors hype is skewed in one direction, then there is a very high chance that this hype is misplaced or has run its course. I use a contrary approach which is a totally different meaning than being “contrarian”.

Contact Email bb@elliottwave5.com

Favorite Books:
Extraordinary Popular Delusions and the Madness of Crowds, The Fourth Turning, Market Wizards, The New Market Wizards, Ten Lost Years 1929-1939, The Winter Years, The Great Depression 1929-1939, The Way The World Works, The Revolution, The 80/20 principle, Elliott Wave Principle, Leonard of Pisa, Prechter’s Perspective, At the Crest of the Tidal Wave, Conquer The Crash, Market Analysis for the New Millennium, The Wave Principle of Human Social Behavior, R.N. Elliott’s Masterworks the Definitive Collection, Magnetic Reversals and Evolutionary Leaps, Not by Fire But by Ice, Chronicle of the 20th Century, Millennial’s Rising-The Next Great Generation, The Art Of War by Sun Tzu.

 

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