Gemxwave.com's Live Elliott Wave Intraday Analysis.

*Breaking News* Elliottwave.com's Robert Prechter Blows His Oct. DJI CRASH CALL!! 29 year old Artist, Trader and Elliottician gem-x outwits PRECHTER AGAIN!!

<- Prechter blows it again. Oct '05 Crash call.  "Several Thousand Points Lower."  From CBSMarketWatch.com

http://www.marketwatch.com/news/story.asp?dist=&param=archive&siteid=google&guid=%7B0543F5C6%2D01B6%2D4B6F%2D84AC%2D4B24AB24D5E6%7D&garden=&minisite=

<- gem-x calls the bottom on the exact day on the NASDAQ...AGAIN. "...I DECLARE THE BOTTOM ON OCT 18TH FIBONACCI DAY #55 AND RALLY INTO THE END OF THE YEAR.."

<- gem-x calls the DOW bottom.."..the ending diagonal...the formation I've seen in all bottom formations for years.."

Didn't just "call it" either...gemxwave.com is making large PROFITS off of it too! Now Up 40% In Just November Alone!!

Want to see more of gem-x's deadly accurate Elliott Wave bottom calls since '01? Go to http://wavegenius.blogs.com/how

..And sick of Prechter's blown calls? Subscribe to www.gemxwave.com now!

1 Month Sample of The Intraday Analysis..

1 month sample of the live intraday analysis at www.gemxwave.com  www.wavegenius.com  up to Sept 27 '05.

Notice, this was during a pretty dull period for stocks, but I still managed to pull off impressive results..if you look at each chart and each elliott wave comment, and compare the stocks to the current prices, you'll see...I was right about 80%-85% of the time, and I don't make many mistakes.  Just take time to research all of this yourself.  "Right" could be a 8%-10% move in the stock I predicted, a well executed trade, an index or currency call.  A large majority of these I stocks I called 3rd waves on are up at least 10% or more... Some of these stocks are up 35%..50%...GOOG..CME..SNDK..VCLK..CRDN..USD/JPY up 640+ pips...CME was around 290-300 and it got to as high as 395..GOOG was around 295-300 and it's 422.86, VCLK was 15.50 now 19.2...CRDN was 34.50 now 46.50...RATE was 27.50 now 34.50...I called corrective 4th waves on Natural Gas stocks when Cramer was pumping them (Ex: NGS..."This ain't a wave, it's a bubble.".. !), 3rd wave calls in Bank stocks like GS, BSC, PRU..look where they are now...The list goes on and on...You'll also see my introduction to the forex markets...my insane forex trading was seen by thousands of people viewing this blog...the current product is focused entirely on the market...if you were on this blog in Sept, you'll notice I edited out all of the personal stuff...I had to do it... It's very ad-based..reason? It was free, and it was created to build a buzz, and showcase my new "ROBUST" product..basically..Obviously in the pay product there's no ads. The last week or two was focused on Forex..previously stocks.  At gemxwave.com you have a choice of stocks/options, forex, or both. In October I was in research mode for Forex trading..I got back into stocks when I called the October bottoms in NASDAQ and DJI..I caught fire between mid-Oct to now.. Yes, the picture? That's me. Didn't expect that did you. 

Josh writes: "REDF"

REDF Wave count.

Tyler J. writes: "GOOG"

Disclosure:  I do not own any GOOG.  I mentioned it as a possible "5th wave/6-8 pt" move this morning.

  www.gemxwave.com/subscriptions.html

George writes: "USD/JPY daily"

On the daily USD/JPY the full target is 116. Notice it just broke or got close to breaking the top of the W3..

Disclosure:  Yes, I own some USD/JPY.

Neotaichi has his eyes on GOOG.

A break of 320 could mean another 6-8 pts on GOOG.

www.google.com

 

Waiting for these indexes to "stick the 5 in there"

and form a truncation or ending diagonal..which would be the most ideal scenario...they're wanting, but now they're delaying..

JUST DO IT!!

www.underarmour.com

Disclosure:  My cousin D.J. Guerzon, a university of MD Tri-Delt, is the wife of the founder of underarmour.

Quick commercial break from WAVEGENIUS.COM

Yes, this is the ACTUAL pic of my Forex DEMO account.  Yes, from $5000.00 to $8853.57 in just a 3-4 days! All the trades are on this blog. READ IT. 10 STRAIGHT HIGH PERCENTAGE FOREX TRADES IN A ROW. (Minus last night's wimpy profit trade lol) 100% profitable so far. (Read the magazines like Stocks and Commodities...ads claiming "wow, 60% of our trades are profitable and 40% are losses!! Like oh my gaw!  Only $500.00 for our software!)

WWW.WAVEGENIUS.COM

Sorry..another Forex post..

But it's worth it..remember back when the USD/JPY was around 111.60 and I posted this chart:

I was looking for 113 or 114..look at the intraday high today..113.39..so..how many pips is that? Um..like a SHITLOAD. Tell a friend!! You can tell around 5 people you know about this FREE blog on the link below! (ok, I'll stop doing that lol)

 

Coulda woulda shoulda..

neotrinity was pooped. No sleep the previous day...I slept well last night however..if she held the USD/CHF all the way to 1.2989, that would have been an additional $2162.00 or what..71% more? Excuse my math if I'm wrong, but i think this is right..

SPX Elliott Wave Intraday update 10:15AM

SPX seems to "want" that 5th wave down..

Psst...tell-a-friend..it's a FREE blog..

 

DOW Elliott Wave Intraday update 10:11AM

1-2-3-4 down on the DOW..or truncation?

Elliott Wave Intraday update 10:08AM

...a break of 2132 that forms a full 3 up on the NASDAQ could mean the end of the 10-12 day downward impulse...

Can't fight against the youth..'cause we're strong..and we're rude rude people...

Sold the USD/CHF for 1.2952

Tiny profit, but hey...I'm getting real tired...$93.00. Hurrah. 10th in a row.

Too slow, too boring...but hey, I'll bet in just a few minutes...it'll spike...but I'm getting real pooped.

G'nite all. FROM $5000.00 to $8853.00 in a little over 3 days!!

YOU CAN DO IT!

Watching..

bought 600 USD/CHF at 1.2950

600 usd/chf at 1.2950

USD/CHF making a move..

breakout level is 1.2960...neotrinity on the watch...

There's the break in the USD/JPY..

..missed it..sure is strong..but the problem is, it might be near the top of a 5th wave....

Scratch that...will look for more setups

below 1.4117...should be more...I'll look.

Possible "the pattern" in the EUR/CAD

Shot at 1.4227 if it takes out 1.4160 in a W3..67 potential "pips" at breakout (getting a hang of the lingo)..needs to hold 1.4117 however..

EUR/USD chart again...

Reason I emphasize this chart, is the potential size of the move and trading opportunities..

USD/CAD..whack whack whack

Trader. The word of the day is trader.  "The pattern"..pop...get the big gain..and move on..simple.

Forex with Neotrinity has begun!

• After Mad Money ends every night, Forex with Neotrinity begins at 7-7:30PM ET.
• It begins now!!
• pop....pop...pop pop...pop..
• 

Sept 26 Mad Money stock #5: MOT

MOT to 34 in a W3 in the next 2-3 years?

Sept 26 Mad Money stock #4: FWLT

FWLT near top of the 3 before a corrective 4?

Sept 22 Mad Money stock #3: QCOM

QCOM Elliott Wave count.

Sept 26 Mad Money stock #2: SNDK

SNDK to 80 in a w3? A "Katie Hot" stock..

That's hot.

Sept 26 Mad Money stock #1: ORCL

ORCL Wave count...

1 year chart on EURO "5 waves down in an A?"

Possible mid term trading opportunity in the EUR/USD.. a .618 would target as high as 1.30 from where it is now (about 1.206)

LATE NIGHT WITH GEM-X, NEOTAICHI, AND NEOTRINITY BEGINS AT 4PM ET!!

EMAIL GEM-X STOCKS, CURRENCIES OR INDEXES YOU WANT TO SEE ELLIOTT WAVE COUNTED! ALSO WATCH FOR WAVE COUNTS ON "THE GOOD" MAD MONEY STOCKS!!

EMAIL AT GEMXWAVEINC@YAHOO.COM

NEOTAICHI WILL BE WATCHING AFTER HOURS ACTION AND EVEN THE MAD MONEY/JIM CRAMER SHOW (AND EVEN CONAN O'BRIAN INBETWEEN.)

NEOTRINITY WILL BE WATCHING AND/OR TRADING THE FOREX. (No stupid gem-x interruptions..pure genius and number crunching at work.)

ALL THIS UNTIL 1AM OR EVEN 3AM!!

STAY TUNED. THE ACTION AT WWW.WAVEGENIUS.COM ALMOST NEVER ENDS!

LOVE. HEWITT.                

Elliott Wave Intraday updates for 2:37PM

Pretty much what we got today were unnatural "warped" upward 4's in all 3 indexes DOW, NASDAQ, and SPX...I was expecting the indexes to gap down to form a 5, but the unnatural gap up delayed it..I'm still expecting it..however, don't ask me to draw targets...there are truncations (where the 5th holds the previous low and reverses violently) and ending diagonals (a rare and tough to spot formation that I call the 'end all drop stopper'), so if there's a test of the 10 day lows in the indexes, I will look for those formations..

Sure was right about the indexes this morning...

Fade city...or..."not worth trading until the 5th wave completes" day...

LIGHTNING ROUND ABOUT TO END.

<- Just a little racoon, eh?

Raman Z. writes: "MSFT"

MSFT to 1000 after they incorporate WAVEGENIUS.com into their Windows software...you know I'm kidding..here's the count.

Sam S. writes: "PZZA"

W3 to 80 in PZZA? Yeah, in like 10-13 long agonizing years..

Frederick H. writes: "VCLK"

Chart looks great..which is why I called it "Katie HOT." Now 17-17.25 from 15.25-15.35. Old Katie Hot stock.

That's HOT.

Quick commercial break from WAVEGENIUS.COM

Yes, this is the ACTUAL pic of my Forex DEMO account.  Yes, from $5000.00 to $8761.10 in just a couple days! All the trades are on this blog. READ IT. 9 STRAIGHT HIGH PERCENTAGE FOREX TRADES IN A ROW. 100% profitable so far. (Read the magazines like Stocks and Commodities...ads claiming "wow, 60% of our trades are profitable and 40% are losses!! Like oh my gaw!  Only $500.00 for our software!)

Ferris W. writed: "MNTA"

MNTA to 60-63 in 2-3 years? I saw this on www.briefing.com too..

Carrie M. writes: "CRDN"

CRDN to 77 in 3-4 years in a W3?

LIGHTNING ROUND STARTS IN 9 MINS!!

• EMAIL ME SYMBOLS OR NAMES OF STOCKS YOU WANT ME TO ELLIOTT WAVE COUNT! EMAIL ME AT GEMXWAVEINC@YAHOO.COM
• DON'T BE SHY!
• BURRURUR.
• 

Elliott Wave Intraday update 12:33PM

Channel on the NASDAQ 10 day...and funny stuff.

Elliott Wave Intraday update 11:37AM

I haven't slept all night, but I'll give it as much energy as I have left...the forex was intense last night..the last trade wasn't easy at all...a hard earned 10% ..my iron gut was starting to become the glass gut..I saw a "flat 4" in the USD/CAD, and that's what kept me in..miraculously it did a "flat 4 completion and reversal" and neotrinity aka "I" was able to squeeze a profit out of it...anyway, here's the comment on the SPX..

Elliott Wave Intraday update for 11:01AM

DOW targets..warped 4?

Elliott Wave Intraday update for 10:32AM

6 month NASDAQ chart, and intraday targets.

Love. Don't hate.

Sold the CME at 330.99

I told you not to worry...;

PROFIT $7530.00

Does his teeth, bite to eat, and he's rolling

YOU CAN DO IT!!!

BACK TO STOCKS.  I PROMISE ;)

Sold the USD/CAD at 1.1787

profit $509.00 on $5000.00 ---> 10%+

That's 9 in a row. From $5000.00 to $8761.00 in 3 days.

<- Take a look. You remember this being $5000.00 last Thursday or Friday...

30 mins ago bought USD/CAD

1000 at 1.1781...post should be there on the forum

Sold the USD/CAD at 1.1766..41% PROFIT.

That's 8 in a row..how orgasmic...41% PROFIT.  5:05AM ET. LOOK AT THE PERCENTAGE GAIN.

From $5000.00 to $8252.00 in 3 days...it's time I increased the real account size by 50X-100X lol...do I have the guts? YES!

                     .

The stomach of steel. lol

whew.  all it takes now is 1.1756 to be taken out...possible 3rd wave...yep, I was here the entire time..lol

Bought 550 USD/CAD at 1.1743

1.1743

*Alert*...awake again..

USD/CAD making a move to 1.1743...

Waiting until European markets open..

Elliott Wave Forecasts for Sept 26 '05..NASDAQ, SPX, DOW..

NASDAQ

SPX

DOW

Changed order..calling it a night.

Entry 550 USD/CAD 1.1757, stop 1.1730.

'Nite.

For those asking about EUR/USD

I'm watching it..1 minute chart..looks like a 5th wave starting after a 4 at the breakout point...but it looks like a 5..would rather take a shot at a 3..

what's cool tonite is the diversity of the clicks and who's on tonite..all over the world...Blogs make it like like I'm actually there talking...

"Don't worry about the vase."

Might do this..

Might be up until 2AM..if there's no break...I might set this up..

Entry: 1.1743

Stop: 1.1723

Half the position to 550(k) USD/CAD..

1.1723 would be the entire profit from the last trade...or to be more conservative, put the entry at 1.1757 and go 300(k) USD/CAD (to keep a truncation possibility minimal)..and call it a night..  A little risky..but I'll be up until 2AM...

Look out..might change the entry on USD/CAD

to 1.1743..

Intraday USD/CAD chart..

1-2-3-4-5 up from 1.1682, before a pullback. Looks standard.

1.1743 might turn into a breakout point..

The pullback in the USD/CAD is deep enough to set up "the pattern" at lower entry point..if there's a further dip and a stronger turnaround above 1.1743, neotrinity might lower the entry to that price..but it might be early..

Spread is so wide in EUR/CHF..took out 1.5571

..now 1.5581 ask.

USD/JPY creeping up.

Who'll win the race..

pop..pop..

1.7141 is .786 of drop of the USD/CAD

from 1.1756 to 1.1682...took out .786, but the higher probability of a 3 spike would occur at 1.1756..

  Live. 9/25/05. 8:56PM.

Watching Food Network..Emeril live is equivalant to..

...I hope it ends at 1500...

Cancelled entry to buy USD/JPY..

Neotrinity put entry to buy 1100 USD/CAD at 1.1756..at 1.1901 (w3 target) that should be a triple.. (DON'T BE GREEDY IF IT BREAKS.)

Live. 9/25/05 8:16PM ET.

Possible "The Pattern" in the USD/CAD

Absolute most insane bullish scenario is a w3 to 1.1901..currently 1.1739. USD/CAD.

Funny how at 112.62 I ask for a pullback..

and coincidentally, we get it in the USD/JPY...it's deep..which is nice...this looks like at least a 4..a .382 retracement would target  as low as 112.15 and hold it...if there's a move over 112.65, there's a shot at the 113 target..this is "the pattern"...

That's hot.

Took a (long) cigarette break..m'back

CONSTANTINE!!!

...hmm NASDAQ futures up 8.50

Most bullish scenario..USD/JPY

113 is w1 = 25 target, 114 is w3 or 1.618 x w1 target.

USD/JPY zigzag, downward 3 and upward 5th/3rd wave targets

A = C target 112.41, downward 3 target 112.35..upward 5, 113 and upward 3 target 114.

Blog is live.  Sunday Sept 25, 5:50PM ET

Watching EUR/CHF too..

Breakout at 1.5571..current 1.5568 ask

Put entry order to buy 1100 USD/JPY at 112.65

Yes, we're live.  Currently 5:06PM ET.

Futures open soon..

Could cause a little volatility in the currencies..BTW..there's a little pullback in the USD/JPY..

USD/JPY targets..

Either a 5th or 3rd wave..

If w1 = w5, a target is 113..highest target is 114, or 1.618 X w1...question is if the USD/JPY will dip deep enough for neotrinity to jump in..

we'll see..

112.62 on USD/JPY

Instead of a $965.00 profit..if neotrinity held it would have been what...

$3440.00???  Or 80%+ profit...guys. This is SICK.

I consider my trading pretty darn conservative too lol.

Guess what opens at 2PM...

Snap. Crackle. Pop. It opens at 2PM ET.

Pop. Pop...Pop..Pop..The beautiful sound.  Forex Sunday starts at 2PM ET! Charts galore.

HOW 'BOUT ANOTHER 21%-32%?

Fell asleep last night around 10PM..

Sure needed it...woke up this morning, and Parness and his trendfund infomercial was on...Lisa Guerrero the host? what happened to you? I'm going to be straight up honest...it's $429.00 a month..I did the 2 week trial on it about a year ago just to see what it was about..I thought at that price Parness would be in the room, talking and sending alerts like saying "bought XXX of XXX stock" and "sold XXX of XXX"..proving how good of a trader he is....um not quite...they just send out names of 30-40 stocks a day that "could go up" or "could go down"...any random monkey could randomly select 30-40 stocks a day and they can go up or go down..did no benefit at all for me....$429 a month? WTF.   I was there for the full 2 weeks, but man, it looks like they got thousands of people in the chat room..that's like $429 a head.   I'm pretty sure I was trial'ing the most expensive "package". There were some ok moments, (I guess) but at that price, you'd think Parness would be in there declaring the exact times he bought shares and what price he sold them at...like a man.  Parness, create a blog bro...let's go head to head...if you're the trader you claim to be, bring it. 

Elliott Wave Intraday update 3:32PM

We may have stuck the 4 in the DOW SPX and NASDAQ today...2119 was NASDAQ, DOW 10467 and SPX 1219...all 3 hit or got near that level...basically all the downward 3 damage may be done for now..however, there's still the matter of the 5th waves down....I'm looking for these downward impulses to be the completion of a "C" in the 6 month charts..

USD/JPY rockin' and rollin'

But my style is to take the huge percentage gain, when  I see it, and not be greedy.  You get greedy, you get the Rock laying the smackdown on you...however, if I see another deep enough pullback, I may take another shot...I'd rather do the forex trading late night, when there's not a lot of news..

There's 2119 on NASDAQ..

Stuck the 4 in there...like I called it earlier this morning...question right now is...2119, and the 5th wave down?  Or close at the highs, and keep going...this looks more like an upward 4 than anything, so I'll be watching the close closely...yes, neotaichi is holding onto the CME still...he had 332 yesterday at the close, and almost $11,000 profit...lol...I remember last night when I jinxed it...but hey, 21% on the forex makes up for it..might be just $965.00 but shit..it's the ENTIRE CONCEPT PEOPLE.  If I made it a $100,000 or $200,00 Forex account...

I'm keeping the neotrinity forex account small

For a reason..to prove that ANYBODY with a tiny amount of money like $300-$2000 or $5000..can forex trade 24 hours a day, and make a good living...I'm talkin' truck drivers, musicians, college students, granny, american idol rejects, bipolar actresses, magazine editors, wives, internet entrepreneurs, waitresses...I mean anybody can do this...Not everybody is sitting on millions of dollars to trade with (obviously)...I'm targeting the mainstream audience now...This blog is going to be free a little bit longer...so everybody can see first hand...that all my claims on my website are LEGIT.  I'm the real deal.   The experiment in the Forex could become the full thing in the next couple weeks..I'm still learning  it..

Anyway..back to the stock market lol

I usually trade the forex late night, and leave the day open for the US stock market..but man, when I see the pattern in a currency, fuck everything else man..gimme my 21%!...when I go into neotrinity mode...just accept it..the entire concept of gaining 20%-30% (even if this is just a test run with a small amount of money) is what's making me salivate..if I made a full account with 100X the amount of money...holy shit..I've been stock trading for years, so I'd rather not fix what "ain't broke".

Here's the actual screen shot of my Forex Fantasy account. USD/JPY trades.

There were stupid accidental trades in the EUR/USD. Be careful using sofware like this.  You put the trade in, and all of sudden, it switches back, in this case, the USD/JPY back to the EUR/USD.  So thinking I had bought the USD/JPY, I bought the EUR/USD..I sold them at any price...anyway, take a look. 930 USD/JPY, profit $965.00+.  21% profit.   That's 7 in a row. THE ELLIOTT WAVE AND FIBONACCI IS EXTREMELY POWERFUL WITH CURRENCY TRADING. No more of this "yay CME is up to 332...market opens the next day..random drop to 326" crap.   I'll still do stock trades..but man, this currency shit is like trading QCOM 24 hours a day in 1999.  So much liquidity, and the WAVE WORKS.  No fake "the pattern" setups that fail.."THE PATENTED GEM-X/NEOTAICHI 'THE PATTERN' HAS WORKED 7 TIMES IN A ROW WITH THE FOREX."  The first 5 were with a $50K fantasy account...they are all posted on this blog...anyway.. You heard it here folks.  In the past 2 days, I opened a $5000 fantasy account, investing a portion of that 5K a day.  The other night it was 32% today 21%.   All it takes is $300.00 to open an account...in fact, I traded a real tiny TEST (just a small test) account of my own today with $2000.00 and made $243.00..12%.  (I executed at 112.24 instead of 112.19 with the fantasy account) just as a test. THE ENTIRE CONCEPT OF 21% or 33% A DAY IS JUST MINDBLOWING, EVEN WITH A TINY AMOUNT OF MONEY. IMAGINE IF I MADE THE ACCOUNT MUCH MUCH BIGGER! The fantasy account trade was done earlier than the real one, but hey, huge results. If you made 30% a day on $10,000.00 consistently..yep you guess it..you'd be a millionaire...well...gem-x and neotrinity would have to be...

www.refcofx.com  <- free fantasy trading account..where I got it.

www.forex.com

Forex is so much better than stocks..

however..neotaichi will still do the "joe dimaggio" stock trading...neotrinity..however is gonna be a BIG STAR.

7 HUGE PERCENTAGE FOREX TRADES IN A ROW.

Sold the USD/JPY for 112.31

$965.00 on $4450.00 WOOP.

21% PROFIT IN WHAT...3 HOURS?? LOOK AT THE PERCENTAGE!..

I'll post an ACTUAL PICTURE OF MY FOREX FANTASY ACCOUNT AND THE ACTUAL TRADES IN A FEW MINUTES...

Only using about $4450.00 for the Forex fantasy account..

that's all it takes...even just $2000.00 or even $300 (minimum)..20% fast gains..plus the market is open 24 hours a day, no closing bell this, after hours that...one big flowing wave...anybody could do this..but you need a little guidance ;)

www.forex.com

www.refcofx.com

Got two trades going..

Neotaichi and neotrinity are busy..so am I...but for the rest of the day, I'll be posting little bites on the indexes, CME etc...instead of the structure of "you must post every half hour with a chart"...little bites of important wave info...just to let you guys know..

NASDAQ hit .786 intraday..

of the drop from 2115 to 2100 (2111.60)...it looks like it wants to make an attempt at at least the full 4 if it breaks 2111.60..full upward 4 target is 2119.

The USD/JPY wave count.

114 is the highest target on this breakout on the USD/JPY.

neotrinity **ALERT** USD/JPY over 112.05

bought 930 USD/JPY at 112.19 on the fantasy  forex account..

Elliott Wave Intraday update 10:41AM

Did the NASDAQ "stick the 4 in there" at 2115...was 2115 good enough to qualify as an upward 4?  In either case however, 2115 or 2119 means a completed 4, and a 5th wave down..5th's are pretty unpredictable..for example, they can test the low, not break it and reverse violently...in this case it's a 4 before a 5, or a W4 of W3 before W3 of W5 to the downside...

The long term CME chart looks good..

Could be in the "3 of 3" extension right now..yep, the most powerful part of a wave...recently it might have been W1 of W3, W2 of W3 and now W3 of W3...

Interesting..but you know how neotaichi is..

Elliott Wave Forecasts for Sept 23 '05...NASDAQ, SPX, DOW

NASDAQ

SPX

DOW

Does his teeth, bite to eat, and he's rolling

YOU CAN DO IT! (Yes, I'm awake. Forecasts up shortly.)

neotaichi up $10,590.00 at the close with CME..

...funny thing, I forgot about it lol..this stuff is so natural that trades like that are no big deal to me. lol.

Watch I just jinxed it..tomorrow it gaps down and the profit is gone...just playing guys..lol..

In the background..

"we took this trip to garden grove, smells like lou dogg inside the van, aw yeah"

..."es-cargo eggs the color contrast..the iron chef...mushrooms and whole bunch other things..snails..olives.."

and "pop...pop pop..pop.....pop pop" from my laptop...

....AND the stupid USD/JPY ain't doing a thing...no mo-mo in the currencies tonite..last night was wild...i'll give it another 2 hours before I call it a night..

Life is...so love the one you got...

Katie Hot and Saki Cold

I believe there's been 7 Katie Hot stocks, and 6 out of the 7 had strong reactions...all because of the wave.   But the last Katie Hot stock got BUTCHERED.  Down -3 today..DRQ.  I never said 100% guys lol...82%-85% is my accuracy.  But it's a bad market, so why expect a Katie Hot effect...I need to put them in their own folder....but the Saki Cold effect, the only 1 so far...LCAV...I said 33-35 when it was 38.25...today's low 33.80...also "DOH" seems to do something too LOL.   It's just the wave guys...when there is as strong and obvious looking wave count with momentum, it's noticeable to me..so I emphasize what I see.  But hey, people who don't know much about the elliott wave can only understand the funny lingo and the pictures of the hot girls...it's making things easier for the average trader to understand..making elliott wave mainstream..now that's a big goal of mine..

   

About CNBC's Mad Money Lightning Round stocks..

Basically, I'll watch the lightning round, write down all the stocks mentioned, look at each chart, discard the trash, and look for the hidden gems..the ones with 3-like moves or bullish charts....and count 'em and post 'em..there's about 12-13 more of them, but the charts don't look good...or Mr. Jim Cramer hit the button and went SELL SELL SELL SELL.   The guy is entertaining to watch..I enjoy the show.

USD/JPY 10 day chart

Nice looking impulse on the 10 day chart...114 is the target if there's a breakout above 112.05-112.10.  Neotrinity is watching..

Sept 22 Mad Money stock #6: SWN

SWN..a little bubblish..would rather trade than be on the wrong end of a bubble pop..

Sept 22 Mad Money stock #5: PSYS

80 in 2-3 years for PSYS?

A report from neotaichi:

• CME close was 332..after hours quotes can't be trusted due to it being an NYSE stock, and the minimal bid/ask (says -1.50)...
• Noticed hits last week coming from a small cap conference in New York...a lot of people viewing the blog...hmm..maybe they see something in wavegenius.com...like THE NEXT MICROSOFT!!..um, I wish lol...
• NASDAQ Futures -2.50
• 

A break from the action to report to neotrinity..

EUR/USD and USD/JPY, the two currencies neotrinity is watching are barely moving...the USD/JPY isn't getting a lot of "pop" sounds lol...it's the immovable object....EUR/USD looks like it's stuck in a sideways 4 into downward 5...would rather look for "the pattern"...still looking..

Sept 22 Mad Money stock #4: CBH

CBH near 5 waves up?

Sept 22 Mad Money stock #3: NGS

This ain't a wave. It's a bubble.

Sept 22 Mad Money stock #2: EXC

EXC to 59-60? Already there..corrective 4 possible..

Sept 22 Mad Money stock #1: VAR

VAR wave count. (Wave counting only the "good" charts.)

LATE NIGHT WITH GEM-X, NEOTAICHI, AND NEOTRINITY BEGINS NOW!!

EMAIL GEM-X STOCKS, CURRENCIES OR INDEXES YOU WANT TO SEE ELLIOTT WAVE COUNTED!

EMAIL AT GEMXWAVEINC@YAHOO.COM

NEOTAICHI WILL BE WATCHING AFTER HOURS ACTION AND EVEN THE MAD MONEY JIM CRAMER SHOW (AND CONAN O'BRIAN INBETWEEN.)

NEOTRINITY WILL BE WATCHING THE FOREX AND CURRENCY ACTION.

ALL THIS UNTIL 1AM OR EVEN 3AM!!

STAY TUNED. THE ACTION AT WWW.WAVEGENIUS.COM ALMOST NEVER ENDS!

LOVE. HEWITT. Oh yea...give me an hour or two to get home, read some books, eat, or get another weird movie ;)

               

CME ascending triangle targets

.618 X W1 + W3 = 337

w1 = w5 = 332

Elliott Wave Intraday update for 3:25PM

The NASDAQ got the spike intraday, retraced and is making an attempt at breaking the intraday high..we could get that "4 stuck in there" if it manages to close above 2114...2119 is the .382 on the NASDAQ, and I'd like to see that hit.

Stop triggered...328.47 CME

almost there..

Put a stop to buy 3K CME at 328

Put a stop to buy 3K CME at 328

neotaichi watching CME..

Ascending triangle...on a 4th..might have a little lift left..

Elliott Wave Intraday update for 2:43PM

1219 is .382 on the SPX, 10467 is .382 on the DOW, and 2119 is .382 for the NASDAQ....I want to see those levels hit or attempt by the close..basically this would "stick the 4" in and help buffer the momentum of the downward 3, and even complete it...I'm into precision, so I'd prefer to see all those levels hit, and a fade in a 5...if we don't hit those levels, the downward 3's may have a little bit left in them..

LATE NIGHT WITH GEM-X, NEOTAICHI, AND NEOTRINITY BEGINS AT 4PM ET!!

sure was fun last night ;)

LIGHTNING ROUND HAS ENDED.

RUH RUH ROO!

After all that we've been through..

I know we're cool.

gem-x writes: "GE"

GE to 58-60 in a W3 after signing gem-x to a long term contract?

  Seriously though..a break above 37.5 could trigger a W3 to as high as 58-60 in the next few years...

Ed G. writes: "AOL"

AOL wave count. You know Howard Stern got big living in D.C....;)

10 minute Constantine break..

CONSTANTINE!!!

Check this out...lol ;)

"would target as low as 10353 to the downside"

Today's forecast.

Look at the intraday low...I guarantee you'll be on the floor laughing your ass off...did you tell that hot blonde at the water fountain yet?? Get going, weenie!

Mumanash writes: "ELK"

ELK to 70 in 3-4 years?? Near new all time high today..

George S. writes: "USD/JPY"

Possible 5th to 114? If there's a break above 112.10, there's a chance.

Ian W. writes: "RATE"

RATE wave count.

Heading to my secret spot..

•                   

ssssh....ladies, don't be so upfront...

brb in time for the...

• LIGHTNING ROUND BEGINS AT 1PM!!
• EMAIL ME STOCKS YOU WANT  TO SEE COUNTED!
• EMAIL ME AT GEMXWAVEINC@YAHOO.COM (you can click on it.)
• IF YOU REALLY REALLY WANT ME TO COUNT IT, AND I'VE BEEN IGNORING YOU, MAKE ME DO IT!
• www.gemxwave.com/subscriptions.html <- $1.99 a chart. Pretty damn cheap.
• DON'T BE SHY!!
• REMEMBER. LOVE.
• 

When one currency goes down, another goes up..

USD/JPY in the neotrinity radar.

EUR/USD got the big poontang line down..

So much for that setup...but hey the forex has opportunities 24 hours a day, and I got my cute little fantasy forex account making this pop sound every 3 seconds...you know the pic I've been using for the "Line-L" Richie? Look at the back of his new CD..the same f'ing pic..conspiracy theorists want to know.

EUR/USD -> LINE-L RICHIE

Psst..

Tell that hot blonde at work about my blog..don't be shy...and than tell your buddies about it a lunch or at the water cooler....make sure you boss doesn't know lol.....great lunch conversation.

But the brunettes will probably give you the big L on the forehead, so look out.

Here's the XAU since you guys have been asking..

XAU 130? Don't be greedy.

I smoke like Constantine..

BRB in 10 mins..

CONSTANTINE!!!

Elliott Wave Intraday update 11:19AM

The DOW and SPX both hit or are near full 3 targets...so we're looking for those indexes inc. the NASDAQ to "stick the 4 in there"...1219 is .382 on the SPX, 10467 on the DOW..if they can't stick the 4 in there today, there's more 3 left to go...basically.

www.gemxwave.com/subscriptions.html  < subscribe to yahoo im and email neotaichi and neotrinity trades.

That GOOG trade setup yesterday would have been nice too..

Man, new 52 week high..there's the break on a down market...

Elliott Wave Intraday update for 10:39AM

The NASDAQ downward 3 target was 2086..the range was 2080-2090 depending on where the W1 bottomed..we got 2093...is this enough? Well, this little rally we're seeing would need to hit 2119 to "stick the 4 in there", or.382...if the NASDAQ sticks the 4 in there, we may get a full zigzag after completing the 5 down.

Joltin' Joe Neotaichi

Like Joe's 56 game hitting streak, neotaichi is hittin' them singles..hit enough singles, and eventually you'll knock in the big fat HR.   But neotaichi is happy being a Joe or an Ichiro.  The runs come home.

Including the forex trades and stock trades, that's 11 in a row baby.

neotaichi is joltin' joe

neotrinity is barry "roids" bonds

I have an error I need to fix.  My math is bad. 33% is $990.00 and 32% is $960.00.  So last nights huge EUR/USD trade was 32%.  Big fucking deal.

neotaichi covered the QLGC at 32.10

32.10

PROFIT $7500.00

Elliott Wave Forecasts for Sept 22 '05...NASDAQ, SPX, DOW

NASDAQ

SPX

DOW            

Does his teeth, bite to eat and he's rolling... (Yes, I'm awake.) YOU CAN DO IT!

Got an idea..reinvest the huge 33% PROFIT.

I'll take $1500.00 from the $6375.00 (just about all the profit I made on the HUGE 33% PROFIT TRADE JUST AN HOUR OR TWO AGO), and put an entry buy (like a stop to buy) 300(?) (I'm still figuring out how this shit works believe it or not..been only forex trading for 2 days, and I've made SIX SICK ass huge profit trades in a row.) EUR/USD.   Worst case scenario is, I get the auto-10% stop loss (I believe if your position drops more than 10% there's an auto trigger to sell..optional), and lose $150.00. LOL. I THINK this is how it works, so don't get mad if I sound like some rookie with Forex, because I admit it. I AM. I only discovered the actual ability to trade currencies online through Stocks and Commodities magazine 3 days ago at Barnes and Noble.  It's different from stock trading. But hey, a rookie who with a $5K fantasy account made almost 30% total in 24 hours of work. Best case scenario is I wake up tomorrow morning, and it's TRIPLED LOL.  But hey, the 10% trigger sell is no big deal.    I'm not sleeping yet, but I'll see what happens.

I got the demo account here: www.refcofx.com

The best live tick by tick forex charts I've seen so far..free too... http://www.ozforex.com.au/cgi-bin/chartsInteractive.asp

Ok...

neotrinity put an entry buy of 300 EUR/USD at 1.2271.  Investment $1500.00.

Update: 12AM...added another .0001 to the entry order...1.2272..to minimize any truncation possibility..

Update: 12:38AM..I think I figured out the stop..stop placed at 1.2245..just in case.  That's around 10% of the account.

Update: 12:54AM...Upward 2 fibonacci targets on the EUR/USD. .618 and .382.

EUR/USD at previous 4...

But neotrinity ain't biting unless it takes out 1.2271...if it doesn't happen by 1AM, she may leap out of a window with an agent on her tail...knowing that neotaichi will reach into her chest and revive her heart....(stop or entry order to buy at 1.2271 and fall asleep...talk about risque)

=)

EUR/USD is getting the wack job..

Looks like "the pattern" pop was a 5th wave in the EUR/USD, and it's dropping in a W2..but you know what that means..W2 before W3?  neotrinity might pop her pretty head in there if it takes out 1.2271.

www.refcofx.com

Minimum deposit is $300.00 lol...NO commission..24 hour trading.

oooh nasty..

Looks like neotrinity sold the EUR/USD at the right time....this is the reason the gem-x crew of gem-x, neotaichi and neotrinity aren't "greedy."  There could be a 3 setup, but if there's a sizeable profit, we'd take it..

Going to get some wings..brb in 10-15

To go....see you than..in the meantime listen to the soothing songs of my band's music (free):

www.garageband.com/gem-x

www.myspace.com/bliss3

Thank you.

Next move.

Don't forget, when you see me something SICK like this trade TIP ME TIP ME TIP ME NOW!!!...it could have been 50%-60%!! (Currently 1.2269)

TIP ME TIP ME TIP ME!! 33% PROFIT!

BE GENEROUS.  YOU KNOW I DESERVE IT.  CLICK ON THE PAYPAL BUTTON.

Neotrinity sold at 1.2256

$960.00.  I'm sure you guys have more =) $3000.00 invested..yes 33%!!

From $5000.00 to $6375.00 in less than 24 hours.

Don't forget to tip your guru. (posting a paypal donate link soon..)

1.2240 triggered for neotrinity

Triggered at 1.2240 EUR/USD

The beautiful EUR/USD intraday chart.."the pattern"

Elle est belle.  Both of 'em

This charting software is wicked good..

Plus the background is white...I can do cleaner wave counts on these charts now..

Rock on.

http://www.ozforex.com.au/cgi-bin/chartsInteractive.asp

Still watching...

got close, but didn't hit the "entry" price, 1.2240...EUR/USD

www.refcofx.com

Someone requested (or bought) 3 USD/CAD charts..

Anybody know a great live charting website for forex?  Like...um...really cheap and free?   I don't plan on paying $500 for some stupid esignal stuff.  I run circles around software..yeah you heard it biotch.

Kinda ignoring the Mad Money lightning round..

but I can hear him..so funny lol

Put an "entry order" to buy EUR/USD at 1.2240

entry order 1.2240

Watch this Alpha Epsilon Phi

EUR/USD making a move..

1.2240 is the breakout of a potential "the pattern" move..currently ask is 1.2233..

LATE NIGHT WITH GEM-X, NEOTAICHI, AND NEOTRINITY BEGINS NOW!

• EMAIL GEM-X STOCKS, CURRENCIES OR INDEXES YOU WANT TO SEE ELLIOTT WAVE COUNTED!
• EMAIL AT GEMXWAVEINC@YAHOO.COM
• NEOTAICHI WILL BE WATCHING AFTER HOURS ACTION AND EVEN THE JIM CRAMER SHOW (AND CONAN O'BRIAN INBETWEEN)
• NEOTRINITY WILL BE WATCHING THE FOREX AND CURRENCY ACTION.
• ALL THIS UNTIL 1AM OR EVEN 3AM!!
• STAY TUNED. THE ACTION AT WWW.WAVEGENIUS.COM ALMOST NEVER ENDS!
• LOVE. HEWITT.
•                    
•                   
• 

Closing Bell Wave Updates

Well, we're pretty much looking at a obvious downward 3 in the SPX, DOW and NASDAQ..on the 6 month a downward "C" in what appears to be a potential zigzag...that's only the best case scenario...again the targets of this specific 10 day downward 3 are 1209 for the SPX 10350 for the DOW and for NASDAQ, 2080-2090..that's pretty much what I'm looking at...neotaichi still has the QLGC short.

CONSTANTINE!!

CONSTANTINE!!

NASDAQ Elliott Wave Intraday update 3:37PM

Wave update for NASDAQ.

NOOOOOOO!!!!!

neotaichi shorted 30K QLGC at avg. price 32.35

Shorted 30K QLGC at 32.35

1 month chart downward W3 target: 30.95

neotaichi watching QLGC...on the short side..

neotaichi watching QLGC.

Elliott Wave Intraday update 2:39PM

There's almost clear cut downward 3's on the indexes across the board...the targets are: 1209 for the SPX 10350 for the DOW and for NASDAQ, 2080-2090..neotaichi is either going to look for stocks in clear cut downward 3's at the close, or the oil stocks on the briefing 52 week high list...

LIGHTNING ROUND ABOUT TO END.

RUH RUH ROO!

From Briefing:

11:27AM New 52-Week Highs: Oil & Gas :Not surprisingly, the new high list is being dominated by the oil & gas sector on concerns that Hurricane Rita will disrupt oil supplies. Tallies so far today for new highs vs lows are 159-141 (NYSE) and 112-100 (Nasdaq)... Sectors with good representation on the new high list today include Oil & Gas Exploration (APA, APC, ATPG, BBG, BR, CHK, CPE, CRZO, DVN, FST, NBL, PXD, UPL, VPI, XTO), Integrated Oil (BP, COP, CVX, IMO, MRO, TOT, XOM), Oil Services (BHI, BJS, CAM, DO, DRQ, ESV, GW, NBR, NOV), Technology (NVDA, TOMO).

Sandy L. writes: "DRQ?"

DRQ to 62-63??

  Oh that's hot.

KATIE HOT.

Neal H. writes: "KKD"

DOH!

David H. writes: "N"

N to 76-77 in a few years?

It's "pink shirt collar up" day again at Starbuck's

Talk about complete tools lol...

Anyway..I "digress"

Hilary M. writes: "LCAV?"

This was a SAKI COLD pick 2 days ago. It was 38.25. Now 36.50.

OH THAT'S COLD.

SAKI COLD.

(well, it SHOULD have been lol..more new catch phrases.)

Mary F. writes: "XOM"

XOM wave count.

www.exxon.com

Just in case..

Put a stop to buy 3K GOOG at 315.35

LIGHTNING ROUND COMING UP AT 1PM..but in the meantime..

  www.starbucks.com www.barnesandnoble.com

       

• EMAIL ME STOCKS YOU WANT TO SEE COUNTED!
• EMAIL ME AT GEMXWAVEINC@YAHOO.COM
• REMEMBER. LOVE.
• 

Elliott Wave Intraday update 12:31PM

DOW downward 3 and target.

EUR/USD...deep enough pullback..

"the pattern."

A break above 1.2240 could form an upward 3.

"The Pattern" in GOOG.

315.20 is the breakout price. neotaichi watching.

Risky "the pattern" in CME..

"the pattern"..but the 5th wave version in CME.  5th wave target, barring truncation (hitting 328 and getting smacked) is 331-333..

Elliott Wave Intraday update 11:42AM

SPX zigzag and downward 3 targets..

"Neotrinity?"

I have an idea, since I know most people reading this blog don't have $1 million dollars to trade with...I'm creating the "neotrinity" fantasy account.  She'll start with just $10,000.00 to trade with.  The Forex account will be a "neotrinity" account too, starting with $5000.00.   I assume most traders can make a living off of $10,000 in trading capital, so I'm starting at that level.   Neotaichi and Neotrinity will trade together, hand in hand.. Say hi to Neotrinity.

Elliott Wave Intraday update 11:08AM

A perfect A = C on the NASDAQ to 2118 would be nice...that's the intraday low (approx.)..however, the .618 is gone and the .786 (2128) of the rally from 2112-2187 so to expect a huge miraculous rally from these levels is expecting too much...I'm leaning towards the larger zigzag scenario, which would possibly push the NASDAQ to around the 2040 level...if NASDAQ closes below 2112 today, I'd look for that...long term however, this is far from any serious damage to the NASDAQ SPX and DOW..this is just a tiny blip in the 6 month and 1 year charts..

EUR/USD getting a tiny pullback..

If it's deep enough and forms "the pattern", neotaichi might jump in...

NASDAQ Elliott Wave Intraday update 10:32AM

NASDAQ zigzag and downward 3 targets.  Short term zigzag and 3.

Man, EUR/USD and GBP/USD up HUGE.

I bought the EUR/USD on the $5K fantasy account last night for 1.2139 and sold it for 1.2147...now it's freaking 1.2232...part of those trades was a small amount of GBP/USD at 1.7988..it's now 1.8118.   $415 total...now imagine if I had held them....that would have been additional $4250-$4500 on the EUR/USD or 100%. (If I'm calculating it correctly.)

This is BANANAS.

Covered the BRCM at 44.59. Profit $11,400.00.

neotaichi covered the BRCM at 44.59..

PROFIT $11,400.00

BOO-CHINGO.

Elliott Wave Forecasts for Sept 21 '05

NASDAQ

SPX

DOW

Does his teeth, bite to eat, and he's rolling

YOU CAN DO IT!

EUR/USD flying...

..could have made 15% more...hey..can't be greedy..I saw a "the pattern" upward 3 setup in it..

The Elliott Wave is AMAZING with currencies...I compare trading currencies to buying QCOM in late 1999....big smooth volume..elegant..powerful..almost too simple...sure there are fast corrections, but they easily reverse...when the neotaichi "the pattern" setup shows up, it keeps working...that's 5 big % trades in a row..each time "the pattern" over and over again..just a note..in mid-Nov/Dec of 1999, before I knew about Elliott Wave, I TRIPLED my account trading QCOM. No lie.

Quick 8.2% on EUR/USD

Made a small demo forex account with $5000.00.  Just nabbed around 8.2% ($415) on the EUR/USD.  Just $5000 did this, and it was fast...just showing the possibilities of forex currency trading..for anybody, accounts of all sizes..take a look.   All I'm looking for is "the pattern."  Showed up on the EUR/USD.

www.forex.com

ktghlg writes: "BRCM 12 months out"

Short term (for tomorrow)

Long term (1-3 years)

www.broadcom.com

I have to admit..

Jim Cramer is pretty funny. LOL.

Watching Mad Money right now.

www.cnbc.com

GBP/USD forming a "1-2 before 3"

if it takes out 1.7987 neotaichi may take a shot..

Frank L. writes: "VCLK"

Yes, this was a "Katie Hot" stock..when it was counted it was 15.35..now it's 16.25.

Just woke up...

Was up all night trading the forex and redesigning the blog...nice huh?

WELL...

LIGHTNING ROUND HAS BEGUN!!

• EMAIL ME STOCKS YOU WANT TO GET COUNTED!
• EMAIL ME AT GEMXWAVEINC@YAHOO.COM
• DON'T BE SHY!
• BUR RUR RUR
• 

Closing Bell Wave Updates

I'll be doing shit after hours...a little forex maybe here and there...I'll blog ya ;)...but in the meantime I got a song I have to finish writing and my Korg Triton is acting posessed..(I think it was the Michelob Ultra I spilled on it)....first time I tried to write a happy love girlie song since 1997...see ya guys in an hour..or two..

NASDAQ Elliott Wave Intraday update 3:39PM

6 month chart A = C zigzag would target as low as 2080 to the downside should 2112 be taken out on the NASDAQ.

Nice fat profit on BRCM for neotaichi..

By the way, neotaichi is not the "Mr. Superbullish only trade on the long side" guy...when there's an opportunity on the short side, neotaichi takes it...I saw the BRCM setup for a couple days already...

neotaichi to the darkside..

.618's gone across the board.

Shorted 15K BRCM at 45.35

neotaichi shorted 15K BRCM at 45.35

As usual..it's craziness after the fed decision..

Lines galore..3:05PM coming up..

Due to "immiment" on the CNBC screen lol

• LIGHTNING ROUND HAS ENDED! (And because of the freaky twitching guy with the glasses.)
• BUR RUR RUR!

Mike F. writes: "Thoughts on Nikkei?"

The Nikkei. W3??

Jeff E. writes "Goldman"

Goldman Sachs (GS). W3 to 163?

  www.gs.com

Sam T. writes: "PRGS"

PRGS to 50?? (Currently 32-33!)

www.progress.com

Jared B. writes: "MSFT"

MSFT wave count.

www.microsoft.com

LIGHTNING ROUND STARTS IN 13 MINUTES!!

• EMAIL ME STOCKS YOU WANT TO SEE WAVE COUNTED! SPECIFY SHORT, MID, OR LONG TERM.
• EMAIL ME AT GEMXWAVEINC@YAHOO.COM
• DON'T BE SHY!
• REMEMBER. LOVE.

The Fed is coming...

2:15PM.  My rule on fed days is to not even look at the indexes between 2:15PM-3:05PM no matter how insane it can get.  For some reason, the real trend settles at exactly 3:05PM..the GOOG trade setup is in the works however, and neotaichi will continue to watch it.

Mr. Anderson...

"neotaichi" has his eye on GOOG.

311.50 is .786.  By the way guys, I'm increasing the size of the charts and making them jpeg's so you can read them.  I've been resizing them to 40% for years because at 40% they fit the design of my website.

www.google.com

NASDAQ Elliott Wave Intraday update 11:35AM

.618 retracement level on the NASDAQ.

SNDK keeps rolling.."That's hot"

Now 47.53.  Called "Katie Hot" at 42.60.

                      That's hot!

  Give me one pullback please lol.

  www.sandisk.com

SPX Elliott Wave Intraday update...11:03AM

Downward channel and .786 on the SPX..

CME going "KABOOM"

Full standard 3 however is 321, and got within 1-2 pts of hitting it...neotaichi will be watching it..the spread is surprisingly narrow today..

www.cme.com

Elliott Wave Intraday update 10:41AM

Downward channel on the DOW would break at around 10630.

Elliott Wave Intraday updates for 10:10AM

Whew...NASDAQ hit .618 yesterday on the NOSE.  Literally, 2140 was exactly .618 of the entire rally we've seen...this gap up could even form into an upward 3..but here's the thing...the fed.  Respect the power of the Fed.  When Greenspan and his crew open their mouths, it's "line" city...HUGE spikes in either direction from 2:15PM to 3:05PM that could completely blindside you...I make it a golden rule not to touch a thing until precisely 3:05PM ET.  It's like clockwork...anyway, the SPX held .618 as did the DOW too...a real "kaboom upside" day over 2160 COMP, 10645 DOW (top of B) and 1238 SPX (top of B) could trigger "it"..

Does his teeth, bite to eat, and he's rolling

YOU CAN DO IT!

Elliott Wave Forecasts for Sept 20 '05

NASDAQ

DOW

SPX

Man, if humans didn't need to sleep..

I'd be doing this all day...anyway, the new forecasts are being created as we speak..

Whoah.

Called 1.809-1.810 on the GBP/USD

...in the chart below..it was trading at around 1.8035-1.8041 at the time...look where it is now...it hit 1.8086.

Who's the mack daddy? +$4600 on GBP/USD

Yeah baby.

Sold the GBP/USD for 1.8071.

+$4600.00

From -$4900.00 to + $4600.00.  This bitch dropped like a rock, but you know neotaichi.   The mack daddy.

Yep who called it.

+16,415.00 today with $30,000-$40,000 invested in each trade.

Hanging in there..

...the steel stomach of "neotaichi"

Filled at 1.8048 GBP/USD.

GBP/USD "neotaichi" setup

Breakout (possible 3) is 1.8048.

http://www.forex-markets.com/webcharts.htm

http://www.thematrix.com

$3600 on EUR/USD

bought 1.2159

sold 1.2171

A fraction within breakout..usd/chf

...and a big line down...not gonna mess with this one...eur/usd near highs however..

Excuse me, I'm yelling GO GO GO at the USD/CHF

www.forex.com

Tyler F. writes "QCOM"

QCOM. Updated for Septh 19th.

  www.qualcomm.com

Victor R. writes "AMTD?"

AMTD wave count.

www.ameritrade.com

Kathryn V. writes: "RIMM?"

RIMM wave count.

www.researchinmotion.com

LIGHTNING ROUND STARTS NOW!!!

• EMAIL ME AT GEMXWAVEINC@YAHOO.COM
• DON'T BE SHY!
• BUR RUR RUR
• 

Hmm..how 'bout a...LIGHTNING ROUND!!??

• Well, after I get my Venti Strawberries and Cream and El Cheese-o Platter from Starbucks...man am I hungry...so in like 2 hours or so.
• E-mail me stocks you want counted. PLEASE specify long, short or mid.
• I'm very picky about what charts I want to count.
• EMAIL ME at GEMXWAVEINC@YAHOO.COM
• I LOVE HEWITT.
• 

Man, I had 3500 (K) USD/CHF at 1.2776

...somehow something triggered and it all sold for 1.2781..now it's 1.2788, which is about another $2100 profit..I'm up $1565 on it, but shit...what the heck happened???  I'd be at $3600+ if this bullshit didn't happen...talk about confusing!!

USD/CHF intraday chart..

W1 and a zigzag.

Still holding .618 on NASDAQ and DOW

neotachi is still thinking about the BRCM "2 before 3" setup, but there's no real momentum to the downside yet...the DOW and NASDAQ are still holding the .618 levels...45.14 is the bottom of the percieved downward W1 in BRCM, and it it breaks between now and the close, tai chi may take a shot at it at the short side..but for now, the indexes are still flat..

Elliott Wave Intraday update for 2:38PM

.618 on the DOW is around 10500, and .618 on the NASDAQ is 1238-1240..both indexes took out the Thursday lows, and appear to be forming downward C's or 3's..SPX however is battling...3:05PM is when the "big guy" time is, and being at the lows, neotaichi will remain focused on the short side, unless some big miracle trampolines the indexes at the .618 fib support levels...

Downward C or 3 setting up on NASDAQ.

If 2138-2140 gets taken out and there's momentum to the downside at the close, neotaichi is headed to the dark side. (Shorting.)

BRCM has the same "upward 2 before downward 3" setup again..

Mr.Anderson...

LIGHTNING ROUND HAS ENDED.

RUH RUH ROO.

Watching USD/CHF

nice looking chart..has a "neotaichi" setup..

gem-x writes: "MRVL 10 day"

                     

Possible 1-2 before upward 3 setup on MRVL.  Break above 47.50, and it has a shot to 50.5..

http://www.marvell.com/

gem-x writes: "NASDAQ 10 day chart"

Alternate wave count on NASDAQ 10 day. Works out.

www.nasdaq.com

gem-x writes: "LCAV 6 month"

Heavy downward momentum..full 5th wave down is 33-35..currently 38.

gem-x thought: "BRCM 10 day chart"

Most bullish scenario on BRCM: W3 to 54?

www.broadcom.com

SPX Elliott Wave Intraday updates for 12:29PM..SPX's .786

If the SPX takes out 1227.70 (.786), I'd have to draw the downward 3 or C targets...SPX is teetering..

Today's lightning round will be based on..

Stocks that I find in websites like www.Briefing.com that are "moving".  I will mention where I find them, and do wave counts on them.  I think people would rather see what I find than ask about wave counts about dead dog stocks that I ignore.

Disclosure:  I will NOT be holding or trading any of these stocks before I count them.  I will only make any attempt to trade AFTER I made the analysis on them, IF I decided to mess with them.  I've never traded any of the lightning round stocks since I started doing them, unless I mention that I do..and I've never bought any of the "that's hot" stocks, period.  The trades you see on the blog are the trades or "fantasy" trades that I made. Potomac, MD.

I will also post charts and counts of currencies I did in the past month...much of the stuff I did came true lol.

A little distracted..reading about Forex currency trading..

I need to learn more about it..last night was just a small test, without having in depth knowledge..but hey, a wave is a wave, so how much different could it be..

I love the liquidity, how elegant the waves appear..so smooth and pretty..speed of execution...MINIMAL investment..

Right through .618 fib support..

It ain't over, but that's normally not a good thing..

I tested FOREX trading last night..

Wow...

I couldn't figure out how all the stop and limit orders worked, so I tested them a bit before making the first trade...it's too weird and complex...anyway, it was a free demo with $50,000 fantasy money, and I saw a 5 wave downward impulse pattern, perfect, in the EUR/USD, about to complete..I bought 3500(K) at 1.2105...here's what happened lol...man, this was just around $35-$40K imaginary money invested..

Yep. $6650.00.  15%-20% in like 10 mins..LOL wow.

Currency market is open 24 hours a day, and even with a small investment of say $3000-$4000 you could do well.   I might open a tiny one to see how I could do...just a bite.

DOW Elliott Wave Intraday update 10:43AM

DOW .618 fib...

SPX Elliott Wave Intraday updates for 10:10AM

.618 retracement level..

Elliott Wave Forecasts for Sept 19 '05

NASDAQ

SPX

DOW

3:08PM update

Question right now is this...BRCM has one of the perfect "2 before 3 down" setups, and it's resting near the W1 low..but the problem is expiration...there's still that imbalance on the QQQQ right at this level...also, the sideways lower move we're seeing now could also be 5 waves down..it's ripe to wreck the shorts..so..if..I say...shorted BR.....lol

Elliott Wave Intraday update 2:33PM

NASDAQ 2-day chart wave count.

LIGHTNING ROUND HAS ENDED!

Pugs are sad.  RUH RUH ROOOO

www.pugs.com

Fred L. writes "CHK"

  CHK wave count.

If there's a bad and unexpected close...neotaichi..

..is watching BRCM on the short side for a quick short trade...

it has downward W1, upward W2, and a drop below W1...depends on the market reaction near the close...

WDT writes: "AVNX"

I give that a big fat SAKI slap.

RUN FORREST RUN!!!  Even George Gilder couldn't save this crap.

www.avanex.com

www.gildertech.com

Kerry O. writes: "count of FDX?"

Long term count FDX.

www.fedex.com

Carol L. writes: "XRAY"

XRAY wave count. Long ass term.

Nancy T. writes: "UPL"

UPL wave count.

LIGHTNING ROUND STARTS...NOW!!!

• EMAIL ME THE STOCKS YOU WANT COUNTED! PLEASE SPECIFY SHORT, MID, OR LONG TERM.
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Sorry guys..

An old buddy of mine wanted me to call him up, and the convo went a little long.. lol

The lead singer of my old band Bliss

http://www.myspace.com/bliss3

The battle with the huge indexes continues...

QQQQ Elliott Wave Intraday update 12:14...QQQQ may already have stuck the 4 in there..

The stat of the day:  At Sept QQQQ 39:  250,000 puts. 150,000 calls...plus the QQQQ may have stuck the 4 in there already...

psst...PPT..

www.cme.com

NASDAQ Elliott Wave Intraday update 12:07PM

NASDAQ intraday elliott wave scenario.

2154 is all we need..

.382.

Elliott Wave Intraday update 11:34AM -DOW-

DOW Elliott Wave update for 11:34AM

People holding huge positions at QQQQ 39 are thinking..wow..

"People are bidding .15 on my previously worthless puts today!..Man, I got 1 day left before I can sell them..wait...there's 240,000 more puts that need to be sold? And ..only 150,000 calls??  I think I'll wait until the end of the day...."

=)

Elliott Wave Intraday update 11:08AM -6 month look at SPX-

6 month look at SPX (inc. DOW and NASDAQ comments)

HUI at 230(!)..GG 20-20.40+..but..

Full 3 on GG is 21.79...not something to trade yet because of the fade this morning but it's near that target..

www.goldcorp.com

www.kitco.com

Elliott Wave Intraday updates for 10:27AM

SPX wave update with DOW and NASDAQ

Gap up in the DOW retraced .382

......of the downward 3 from 10675 to 10538..this can qualify as an upward 4..could have been a lot worse fellas..(won't jinx it lol)

QQQQ 39 at 2138-2140 NASDAQ, or .618

There's a lot of put support there...NASDAQ is going to test it shortly..

Does his teeth, bite to eat, and he's rolling

YOU CAN DO IT!

www.robschneider.com

Elliott Wave Forecasts for Sept 15 '05

NASDAQ

S&P 500

DOW

www.keanuvision.com

Diana S writes: "ORCL?"

ORCL Wave count.

www.oracle.com

Greg F. writes "AMTD"

Beautiful. Again, if this was an all time high on AMTD, I'd say "That's H......."

www.ameritrade.com

www.parishilton.com

Brandon T. writes "ET?"

If ET was trading at an all time high I would say "That's h..........."

www.etrade.com

Hiliary W. writes: "BAC"

BAC to 80 in the next few years?

www.bankofamerica.com

Kathleen S. writes: "Long term AMD"

You'll like this Kathleen =)

www.amd.com

Matt F. writes: "CHRW?"

CHRW top of 3rd wave?

Scott T. writes: "GP"

GP Wave count.

Pete M. writes: "NVDA?"

NVDA 53?

www.nvidia.com

Xavier L. writes: "RIMM"

RIMM to 205????

Will A. writes: "AAPL?"

AAPL wave count.

www.apple.com

Duy Z. writes: "NIKKEI?"

NIKKEI 18,000? Currently 12,800..

www.nikkei.com

LIGHTNING ROUND WILL START AT 8PM AND LAST UNTIL 1AM!

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Closing Bell Wave Updates and Comments 4:13PM

Well, I was looking for zigzags on the indexes and a late day fade, and that's what we got..problem is, is that they weren't W4's or zigzags..more like downward 3's....which leads me to this...the alternate counts which were posted earlier...the alternate count, due to the unexpected depth of the drops in the indexes today is the W2 scenarios...I have the targets on those charts.   If the indexes hold those targets, and rally above the recent highs, it could be upward W3 heaven...we're entering earnings season soon, and the one thing that would set off the start of a 3 into the end of the year is earnings...we're near 52 week highs, guys..not well below it...

If you didn't know..me. vs. Prechter

I've been making head to head calls against elliottwave.com for years..I found out about their comments from my subscribers, SI and on newsletters..to be honest..I SMASH 'em around often.  One call in particular from last year stands out..all my long time and annual subscribers remember this...I was watching CNBC (the series of events are on my intraday forum at gemxwave.com) and Prechter was on...this was around July of last year...he said something like "THE DOW WILL CRASH TO 2000 SOON".   I don't remember precisely what he said, but he showed a chart showing the end of the world..or something borderline crazy..(i thought I was crazy lol)...On this chart following those comments,  I made the "On Aug 13th NASDAQ will bottom at 1750 and rally to 2500-2600 in the coming year."   WE got this....1751 on Aug 13th on NASDAQ...Yep LOL.  Number and day, and we got to what..2219?  There's still more to go.   Prechter co-wrote the definitive bible on Elliott Wave...you know? ;)

The actual chart I posted is the link above.

HOLY SHIT!!? $199.00 A MONTH FOR INTRADAY FORECASTS???

Elliott Wave Intraday update 3:35PM

.618 support levels for NASDAQ, SPX, DOW..(worst case alternate W2 scenarios)

Elliott Wave Intraday update 3:11PM

Downward 3 targets on the indexes, with DOW as an example.

A great site to learn Elliott Wave.

http://www.elliott-wave-theory.com/

You guys asked...also I have a cool link on gemxwave.com...it's called the "gem-x translator", so if you're having a hard time with some of my lingo the translator helps A LOT.   It's password protected so you need to e-mail me to see it. 

EMAIL gemxwaveinc@yahoo.com

Elliott Wave Intraday update 2:35PM

We're a hair below all the zigzag targets..NASDAQ was 2160 (.382), DOW was 10570 and SPX 1229...since the amount puts at QQQQ 39 are 250,000+ and calls 150,000, there should be support there heading into Friday...however that equates to a downward 3 on all the indexes, and if it gets worse here, I'd have to draw the downward 3 targets..for now it looks like zigzags across the board.

LIGHTNING ROUND ENDS IN 12 MINS..

RUH RUH ROOOO (like on David Letterman)

Roger B. writes "AOL"

AOL wave count.

www.aol.com

www.timewarner.com

Merrick L. writes "MRVL"

MRVL wave count.

Vincent H. writes "..FAST?"

If FAST was over 66, I'd be like "THAT'S KATIE HOT", but it's not...A w3 to 110 is possible..

neo-taichi is watching this one close.

Cathy L. writes: "SANM.."

DOH!

www.sanmina.com

www.thesimpsons.com

Dan A. writes "ADBE?"

ADBE wave count.

www.adobe.com

Hank F. writes "BSC?"

BSC to 135? (currently 107-108!)

www.bearstearns.com

GEM-X LIGHTING ROUND STARTING IN 15 MINS!!

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NASDAQ 3500? SPX 1700? ..and DOW 16K? Long Term W3 Counts Revisited.

NASDAQ 3500?

DOW 16K

SPX 1700?

Are you ready?? YES, IT'S COMING..THE LIGHTNING ROUND BEGINS AT 1PM!!

• LIGHTNING ROUND BEGINS AT 1PM ET!
• EMAIL ME STOCKS OR INDEXES YOU WANT ME TO COUNT! PLEASE SPECIFY SHORT TERM (10 DAY), MID (6 MONTH) OR LONG TERM (3-5 YEARS.)
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• DON'T BE SHY
• BURRURRUR!
• 
• 

Elliott Wave Intraday update 11:42AM

The DOW NASDAQ and SPX have sat at these levels for what..1 hour already?  The previous update still applies..watching those corrective 4 and zigzag targets..

Only notable stock from the Briefing blurb "gapping up"..SCSS

All the rest of the gapping up stocks have horrible 3 year or 6 month charts, and have this one day in the sun..I mean so bad I almost puked..this is the only one with a decent chart, but it's got a long long way to go.

Finally..Briefing has a "gapping up" blurb

How long has it been..shit..

Anyway..gonna take a look..

REDF short term count.

REDF to 20? Must hold .618 fib support at 13.05 AND rally over 15.5..

www.redf.com

Elliott Wave Intraday update 11:03AM

On the DOW, there's still the A = C zigzag target that I want to see tested...around 10570..on NASDAQ is 2160 and the SPX 1229..these would be W4 zigzags across the board on these 3 indexes....the remote chance of downward 3's are there too, so I'd like to see the test, and a good impulse looking bounce..

Elliott Wave Intraday update 10:42AM...NASDAQ...p/c ratio on QQQQ

NASDAQ Wave update w/ QQQQ p/c

That's "KATIE HOT" stock SNDK up 2.70%

SNDK wave count.         

  THAT'S HOT.

W4's all around..

A lot of or most stocks I'm seeing today are forming or completing W4's..NASDAQ W4 target around 2160 still a possibility even with this spike..

GLW W4 correction..right on schedule..

21.75 = 1.618 X W1 in a W3..W4 occuring right on schedule.

www.wwe.com

www.therock.com

Wow...the reason I trade.

... BIDU -28.55

www.baidu.com

Just noticed this..GLW is 21.75+..a crazy call of mine..

Remember this?

GLW was around 19.75-20 at the time..I had an upward 3 target of 21.75...guess what..yesterday it hit 21.75..and more!

www.corning.com

Does his teeth, bite to eat, and he's rolling

YOU CAN DO IT!

Elliott Wave Forecast for Sept 14 '05

NASDAQ

SPX

  DOW

Redsammy writes: "FRO"

FRO (lol) to 134 in a W3? If it takes out 64 it as a shot at 134!

Ian T. writes: "JDSU?"

DOH!

www.jdsu.com

Ed W. writes.."i've been watching GRMN..?"

GRMN to 100? Currently 64-65!

Harry D. writes: "your take on SNDK?"

                      SNDK today hit 43..that's a new 52 week high!! This is a setup for an upward 3 to as high as 80....you guessed it..

THAT'S HOT.  KATIE HOT!

www.sandisk.com

www.parishilton.com

Cassie V writes. "Long term on MMM?"

Long..i mean LONG term on MMM lol

www.mmm.com

Larry G. writes: "GOOG?"

The big level to break is 317.80...however   (GOOG update) the alternate scenario is a w1 = w5 after a w4..to as high as 400(!)

www.google.com

Bob A. writes: "...PRU?"

PRU to 75 in a w3? Currently 66.59999

www.prudential.com

J.P. R. writes: "CEPH?"

DOH!!

Roberto W. writes "how about amgn?"

AMGN to 115?

www.amgen.com

Geri E. writes "AMZN"

AMZN Elliott Wave Count - long term.

www.amazon.com

LIGHTNING ROUND HAS STARTED!!

BUR RUR RUR!

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LIGHTNING ROUND STARTS AT 6PM ET UNTIL 1AM TONITE!!

• LIGHTNING ROUND STARTS AT 6PM ET AND ENDS AT 1AM ET!
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Closing Bell wave updates 4:10PM

Big rollercoaster today. BIG.  NASDAQ SPX and DOW all hit their .382 retracement levels on the number intraday, and a huge flurry of buying came in..only to be followed by what rumored to be a PPT move and flush..strange how rumors would surface near the top of a formation..technically it wasn't a bad day, but the indexes closed at their .382 retracement levels..a gap down tomorrow morning on the indexes, and we could be headed for some "wed before options expiration" volatility..typically the winning positions (in this case "up") are unwound on the Wed before expiration week or the Wed on expiration week...today had all the markings of either a PPT move or pre-options expiration volatility...I'd like to see the indexes hold the closing lows but that isn't an easy thing to do when the indexes close at the lows..worst case is that I'd expect some A = C zigzag action on the indexes tomorrow..meaning a drop below the closing lows to get at least a "C" in..

What are we going to do Mortimer?

Looks like BIDU completed the 5 waves up..

Sure, there was 5 pts I missed, but "neo-taichi" is NOT greedy...you see, you got it, take it.   GOOG is getting the big line-l richie treatment too...indexes look like the rally might have been a PPT move around 2:35PM, and they might be unwinding it here late in the day....a mystery why a PPT move would occur near the top of a formation however..

Line-L Richies galore

Might be some PPT rumors floating around..

GOOG nearing "the big breakout"

317.80 is the 52 week high so it still has a couple pts to go to draw neo-taichi in...but he's watching it...if NASDAQ didn't have this bullshit fade (excuse me) at the close, he would have taken a shot...350? Well, that just sounds like a lame target now that it's near breaking 317.80...with a good earnings report in the next month or two, this bad boy could be as QCOM was to 1999.  You know..the big mighty eruption to the upside..a good earnings report and GOOG could go to the moon..

Elliott Wave Intraday update 3:17PM

DOW intraday Elliott Wave update 3:18PM

Elliott Wave Intraday update 2:51PM

The DOW smashed past 10635 and hit as high as 10670 intraday...the .786 retrace is 10678, and if it can close above that, there's a shot over 10,700...NASDAQ's intraday rally already took out the .786 retracement, and because of this, there's a shot at higher highs contuining this week...a good close would confirm it...there's a fade currently, but if there's a turnaround and a strong close, we're looking at higher highs...

My wave count on BIDU. Reason I had confidence. BIDU 125-130?

This was posted last night..I saw the count as 125-130.

Close last night was around 112.25

BIDU is at 122 as we speak.  Wow.

Sorry about the Lightning Round being cut short..

I am D*MN proud of my performance today..

When the DOW was dropping I said in early in the day that it would drop to exactly 10600 and rally at the close on "dip buying."  Guess what..that's EXACTLY WHAT HAPPENED.  10600 on the NOSE, and a nice rally....and with BIDU I had a chart that showed a triangle and "if it breaks 113, it's getting a woop woop"..yes, woop woop to 118, AND neo-tai chi sold it at 117.01, after showing such tremendous guts holding a stock that was down 6+ points from what I paid.  The Elliott Wave is a POWERFUL thing.  And I'm here to show you just how powerful it is.

SOLD BIDU AT 117.01.

PROFIT $4350.00

All I gotta say is....

BAM!!!!!!!

LIGHTNING ROUND STARTS...NOW!!!

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Elliott Wave Intraday update 1:20PM

Before we get all hyped about the "dow will rally" call this morning when it was at the low, let's get back to the science....10636 is major resistence intraday (.382 of the downward 3)...if the DOW can rally above it today, there' a shot for at least an upward 2 (translation:  more...)

I was like "DOW's gonna drop to 10,600 and rally" and it does just that..and "BUY DO!!" and it goes up!

LOL

That's right "BUY...DO!

YOU CAN DO IT!

Are you ready?? IT'S COMING...at 1:35PM

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Elliott Wave Intraday update 10:53AM

DOW chart for 10:53AM..2 day chart

BIDU update.

Elliott Wave Intraday update 10:37AM

watching..

Does his teeth, bite to eat, and he's rolling

YOU CAN DOOO IT!

Elliott Wave Forecast for Sept 13 '05

NASDAQ

SPX

DOW

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Manny H. writes "BIDU"

BIDU 125-130? (neo-taichi bought this today)

Lindsay L. writes "long term ORCL?"

ORCL to 23 in a W3? If it takes out 15.5 it as a shot..

Paul F. writes: "CRXL"

CRXL...Wave 4 correction looming?

Layla V. writes "AMD?"

AMD to 50 in a w3?? (I know this stock has a huge cult following on all the message boards lol)..take a look!

Hiliary W. writes: "MER?"

MER to 103 in a W3?  If it takes out 65, yes!

  There's a lot of women e-mailing tonite..hey ladies!

Josh writes: "DROOY?"

DROOY to 3?...or 2.30?  3 or 5 , either way it's taken out of trading range and into a new high..

Diana S. writes: "your take on MIK?"

MIK wave count..30 before 50? (4 before 5?)