John Male Los Angeles,CA United States: Like

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James G. Pomeroy liked John's blog post Contrary indicator

Feb 12

John commented on the blog post 'Contrary indicator'

"Regardless of whether a new Stock market high is hit, they (EWT) remain hilarious."

Jan 23

John posted a blog post

Contrary indicator

Is it a concern when a long term super bear all of a sudden begins calling for new highs? Even when those new highs are part of coming ‘Armageddon’? Because EWT is now calling for that!Hochberg is now calling for new highs (of course, the odds favor that outcome. The market is in an historic bull advance). But for about 10 months straight, in the face of the major bull market advance, they have said ‘stock market major drop is dead ahead’ ...and now after persistent stock market new highs,…See More

Jan 21

1 Comment 1 Like

Sandeep Kumar liked John's blog post Elliott Wave International: Short and simple

Dec 2, 2020

John posted a blog post

Elliott Wave International: Short and simple

Elliott Wave International: Short and simpleI am not sure they fully understand that for most people, the purpose of the markets is, quite simply, to make money. An indication they might not share your goal (or any trader/investor’s goal) is they never provide practical guidance for trades.For them, it seems that the more arcane the analysis the better. That seems their purpose. Not making money. In fact, they apparently are so disinterested in making money, entry and exit and stop points are…See More

Nov 30, 2020

0 Comments 1 Like

John posted a blog post

Eleven hours

Robert Prechter/Steven Hochberg write a market update Monday, Wednesday, Friday.The US stock market is open 6.5 hours per day, so they ‘update’ three times in a 33 stock market hours week, every week. Or approximately every 11 hours.From March 2020 to November 2020 occurred one of the strongest bull market advances in the US stock market in decades. It was a highly persistent, continual, historic advance.(by the way, their advice, their updates, are not free).How many times in those every 11…See More

Nov 23, 2020

0 Comments 0 Likes

Sandeep Kumar liked John's blog post EWI and Steven Hochberg and market history

Nov 22, 2020

Sandeep Kumar liked John's blog post Criticism of Prechter and Hochberg

Nov 22, 2020

Sandeep Kumar liked John's blog post get every single market’s major trend wrong consistently

Nov 22, 2020

John posted a blog post

GURU of the decade

Robert Prechter was named guru of the decade by FNN (the CNBC forerunner) in about 1989. Prechter made excellent market calls from the late 1970’s through 1987. Since then, he has been consistently wrong. Wrong for over 30 years (3 decades!). Not just wrong on the stock market, passionately wrong. Now, there have been 4 very significant bear markets from 1988 onward, and because Prechter = bearish, he was bearish in front of them. But he has been bearish for over 30 years, and missed all…See More

Nov 11, 2020

0 Comments 0 Likes

bil york commented on the blog post 'get every single market’s major trend wrong consistently'

"This guy Prechter sounds like he is reading his charts upside down. LOL. "

Aug 4, 2020

John posted a blog post

Criticism of Prechter and Hochberg

When the Elliott Wave Theorist (subscription service, pay to get your advice) issues a market opinion, I imagine Jimmy Cagney holding a machine gun at your head saying "you dirty rat". Then firing dozens of bullets. Why this imagery and comparison? Imagine you want to kill someone financially (and demoralize them too!). How would you do it? Well,, the way they do it is a pretty good model. Make very strong impassioned arguments against the large trend in force so that people bet against the…See More

Jul 31, 2020

0 Comments 1 Like

John commented on the blog post 'get every single market’s major trend wrong consistently'

"I totally respect what you guys do!"

Jul 25, 2020

Steven Vincent commented on the blog post 'get every single market’s major trend wrong consistently'

"I hope you are having a better experience with BullBear Trading. I think we are consistently on the right side of the markets here."

Jul 25, 2020

Steven Vincent liked John's blog post get every single market’s major trend wrong consistently

Jul 25, 2020

John posted a blog post

get every single market’s major trend wrong consistently

Robert Prechter and EWI are in the business of providing market forecasts in exchange for subscription fees. The main markets they seem to cover are the stock markets, interest rates, precious metals, and the US Dollar.Amazingly, they manage to get every single market’s major trend wrong consistently.Wrong on the stock markets, bonds, gold, silver, the US Dollar.Over the past 12 years, they have gotten sporadic moments of seeming being right, such as when a market has a counter-trend move. …See More

Jul 25, 2020

3 Comments 2 Likes

Profile Information

What's your current long term market stance?: Neutral

What's your current intermediate term market stance?: Neutral

What's your current short term market stance?: Neutral

What is your style of investing? (You can choose more than one.): Swing Trader

In which markets do you trade or invest?: Stocks, Forex, Commodities, Precious Metals

How long have you been trading or investing?: 5-10 years

Describe your level of market experience.: I'm learning but still losing money

Have you read "Reminiscences of a Stock Market Operator?": Yes

How did you find TheBullBear.com?: MarketWatch.com

John's Blog

Contrary indicator

Posted on January 21, 2021 at 7:03am 1 Comment 1 Like

Is it a concern when a long term super bear all of a sudden begins calling for new highs? Even when those new highs are part of coming ‘Armageddon’? Because EWT is now calling for that!

Hochberg is now calling for new highs (of course, the odds favor that outcome. The market is in an historic bull advance).

But for about 10 months straight, in the face…

Continue

Elliott Wave International: Short and simple

Posted on November 30, 2020 at 7:47pm 0 Comments 1 Like

Elliott Wave International: Short and simple

I am not sure they fully understand that for most people, the purpose of the markets is, quite simply, to make money. An indication they might not share your goal (or any trader/investor’s goal) is they never provide practical guidance for trades.

For them, it seems that the more arcane the analysis the better. That seems their purpose. Not making money. In fact, they apparently are so disinterested in making money,…

Continue

Eleven hours

Posted on November 19, 2020 at 7:00am 0 Comments 0 Likes

Robert Prechter/Steven Hochberg write a market update Monday, Wednesday, Friday.

The US stock market is open 6.5 hours per day, so they ‘update’ three times in a 33 stock market hours week, every week. Or approximately every 11 hours.

From March 2020 to November 2020 occurred one of the strongest bull market advances in the US stock market in decades. It was a highly persistent,…

Continue

GURU of the decade

Posted on November 11, 2020 at 6:51am 0 Comments 0 Likes

Robert Prechter was named guru of the decade by FNN (the CNBC forerunner) in about 1989. Prechter made excellent market calls from the late 1970’s through 1987.

Since then, he has been consistently wrong. Wrong for over 30 years (3 decades!). Not just wrong on the stock market, passionately wrong. Now, there have been 4 very significant bear markets from 1988 onward, and because Prechter = bearish, he was bearish in front of them. But he has been bearish for over 30…

Continue