Wolfe Wave

THRILL-SEEKERS WELCOME!

2014-12-01T11:09:00.001-08:00

While I don’t sell investments, I thought the cartoon was a good way to kick-off

my Wolfe Wave analysis combined with SPY weekly options.

(See examples under the Corporate Training button.)

Sunshine for traders!

2014-08-11T09:25:00.001-07:00

Sunshine for traders!

Wall Street headline: SOB gets 5 million fine (peanuts) and 1 month in jail for insider trading. Girlfriend gets “community service.”

The little Guy: What’s one to think? How can anyone compete with dishonesty?

Sunshine! Despite what you read in the press, this carousel of injustice has been going on for eons. For the Little Guy, conditions have never been better for trading stocks, futures, options, whatever: Instant execution, penny spreads, zilch commissions and incredible software provided by many brokers for FREE.

Most software allows traders to paper trade, and place contingent orders for almost any order imaginable. This is great for the trader that does not want to sit by the computer all day. Go play golf, sailing, bird watching, whatever, and let the software execute your orders. And most importantly, it is an absolutely incredible aid for Wolfe Wave practioners. Traders that know where the market is likely to turn, in advance.

All one needs is an education in market waves, by Bill Wolfe.

Click: http://www.wolfewave.com/survey_says___.htm and see what others say.

Strange but true…

2014-04-12T12:54:00.000-07:00

Strange but true…

They say that “Imitation is the best form of flattery” but this is getting ridicules!

The following comes up on: Wolfe Wave home page (not mine): “A rhythm based technical system similar to Elliot Wave analysis.” Wrong! Read my site: www.wolfewave.com. Nothing to do with Elliot Wave!

The following comes up on: "WOLFE WAVES" INDICATOR by BILL WOLFE From "STREET SMARTS" Book
Written in EasyLanguage Code for the TradeStation. Wrong! I had nothing to do with it. As all my students know, I deplore indicators.

The following comes up on: Bulkowski’s bullish Wolfe Wave – The pattern site: This guy
analyzes its performance, including identification guidelines and statistics. Wrong! I don’t know this guy from Adam. He never took my course!

The following comes up on: Wolfe Wave predicts fall of Spain and others… “The last time we were in this position it forecast the economic and stock market crash of 2008. Now it is PEAKING again and is, or is about to predict the fall of Spain.” Wrong! More hijackers trying to bring hits to their site by using my name.

The following comes up in an email: Dear Bill Wolfe, Based on your company having no affiliation with them, we have suggested they should choose another name to avoid this conflict but they insist on this name as China domain names (.cn/.cxxxx.xxxx) and internet keyword. In our opinion, maybe they do the similar business as your company and register it to promote his company

SURPRISE, SURPRISE! This is what they all do.

These purveyors add my name to their site for one reason: To hitch a ride on my name.

One does not need to be a psychologist to figure this out. See http://www.wolfewave.com/survey_says___.htmto see what my students say.

The market gives and the market takes. Symbol: PLUG

2014-03-12T11:53:00.000-07:00

The market gives and the market takes. Symbol: PLUG

A Wolfe Wave student, one that has taken my advanced lessons, could have easily seen the buying point for this incredible move up, and more importantly, exited at the “Target Line” to escape the incredible move down. (PLUG went from a low of about 6 to a high of about 11 in just a few days… and back again, in just a few hours.) The next bullish wave is already setting up. Will you be ready?

WEEKEND BETS

2014-03-04T08:59:00.000-08:00

WEEKEND BETS: On Fridays, Wolfe Wave practioners may consider buying next week SPY puts on charts when there are “pressure points” indicating a lower opening on Monday. (The reverse would be true on charts with up pressure points.)

A Wolfe Wave practioner, one that took my course, could clearly see the possibility of enormous “pressure points” on this chart. Pressure points are an indication that the price could be “forced down with a vengeance.” (See lesson on pressure points, from advanced lessons.)

Friday’s close: SPY 186 put. Ask: 1.00. Monday’s open: Bid: 2.20.

2014-02-27T11:50:00.000-08:00

Pathetic!
Have you read The Wall Street Journal lately? Watched a recent financial news? Hopefully you are on the outside looking in. Jail is what I’m talking about. It seems like every “star” of the past, cheated. They traded on inside info. They had to or else they would lose their job.

Is the news media implying that in order to be successful on Wall Street one must cheat? My answer is YES! Translate: “Us poor lowly slobs. We can’t win. The deck is stacked against us.” It sells papers!

Not only is it coming from print/TV, but every day Washington gets into the act. “Fines” are a growth industry in DC!

Listen up people; there are lots of successful investors/traders out there who live very happy, successful lives. They do not need to cheat. They did it the old fashion way: They earned it! [Note to SEC: my students do not need to cheat.]

SPY weekly options

2013-11-07T16:22:00.001-08:00

SPY weekly options. Anyone know why the big S&P market dried up? SPY weekly options are the answer. This market offers all the action and more that the big S&P ever did and with limited risk. These options are ideal for the short term Wolfe Wave Practitioner.

2013-05-19T14:18:00.000-07:00

WSJ headline: "Stocks cap week with a rally" Wolfe Wave students knew this in advance. On the chart below, I annotated the points that were given to my students during this teaching period.

I taught them how to spot a bullish wave in advance. I taught them how to approximate the buy zone and the Target Line in advance. I taught them that this is the sweet zone for a move to the Target Line.

Contemplate how much money you could have made for your firm if you are a "big hitter."

2013-04-04T16:25:00.000-07:00

FREE Wolfe Wave manual.

On my site I now offer FREE, the Wolfe Wave manual, Seeing the Future by Bill Wolfe & Brian Wolfe.

Most viewers will naturally be attracted to the chart examples. They are incredible, even to me after 50-years of "seeing" the waves. But what I really want to draw your attention to is the Tactical Notes. These are drawn from every day experience. Things that you may already know subconsciously, but need confirmation. Think that You have written them as you read them.

Read the manual. Contemplate it. Then decide that you want to further your education. I would love to help you. I very much enjoy teaching just as professional athletes do. I want you to hit that "Home Run," in baseball, score that "winning goal" in soccer and you... fill in your goal in life.

Sincerely,

Bill Wolfe

GOLD! Will you be ready?

2013-02-16T14:45:00.001-08:00

Gold, more than any other commodity/currency is subject to conspiracy theories. "They are selling it down because..." "They are accumulating it because..." This makes sense to many, except for the timing part: When do you buy? When do you sell?

FOMC days: When TV goes nuts, and Wolfe Wave practioners giggle.

2012-12-22T06:34:00.001-08:00

In one of my lessons I show an example of an FOMC day (11/7/02) where the market goes nuts (TV words, not mine) and then the market settles into a natural rhythm. A Wolfe Wave.
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A footnote to my bearish stock market call.

2012-11-18T15:42:00.000-08:00

A footnote to my bearish stock market call.

I have received a few emails hoping that my bearish analysis is wrong. I have also received many more emails thanking me for my blog of September 22nd, alerting them to trouble. That was about 1000 Dow points ago, and the exact top of that darling AAPL.

People are terrified of losing their "nest egg." As my students know, I don't give investment advise. I just explain the waves according to my rules. Believe me, I do not want to see a bear market. It is extremely bad for my business and everybody else. However, my conscience would bother me if I did not explain what I see.

The good news is that there will surely be bullish and bearish waves to trade on smaller time frames. Also, there is always the possibility that a large bullish wave will form on the way down. My Wolfe Wave Practioners will see it, if/when one forms. (Please see my previous blogs on this subject.)

Potential stock market crash

2012-11-12T18:38:00.000-08:00

Bill Wolfe says: There is a potential stock market crash coming!

As all of my students know, I never incorporate fundamental, news, politics or the like, in my market analysis. My opinion is always based on my fifty-years of wave study. The waves cannot be more bearish.

On the monthly chart, the long term bullish wave was satisfied when price hit the Target Line in 2007. (Chart not shown.)

Since then, price is in the the process of forming the next bullish wave. Wave 4 of this potential bullish wave has enormous "pressure points" pressing down on the potential 1 to 4 line. The lesson on "pressure points" calls for price to be forced down "with a vengeance."

For this to happen, price would have to go below a price that is too scary to mention, but that is what the rules suggest.

Even if the market would make a new high, it would still be only a 3 point for the next bearish wave.

If I am wrong on this, I apologise to the followers that lost opportunity. If I am correct, I hope to have you all as future Wolfe Wave Practioners.

Bearish Wolfe Wave update:

2012-10-19T12:34:00.001-07:00

The weekly bearish wave that was highlighted on Sept 22nd, is playing out exactly as anticipated. The "bumps" were an indication that the wave was not stable and that they may spawn some small bullish waves. That is exactly what happened.

Bearish Wolfe Wave

2012-09-22T11:13:00.000-07:00

This may not be the best time to be long the market. On the attached weekly chart of the S&P, there is a bearish Wolfe wave (Lines not drawn). The wave has some "bumps" between

Support and Resistance. Dumb and dumber.

2012-06-12T16:22:00.000-07:00

Support and Resistance: Two of the dumbest things a traded should follow. Often you will see an analysis of a chart, by a "professional" of course (especially on TV) marking the most recent high and low as "support and resistance." Wolfe Wave Practioners giggle.

Scary headlines freak out investors:

2012-06-03T13:55:00.000-07:00

"Market in turmoil" / "DJIA down for the year after 274-point rout" / "Markets dive as jitters grow"

Unless you were taking my course.

2012-05-15T17:51:00.000-07:00

Speed trading...

Much is in the news lately that speed trading is giving an unfair advantage to those with "big bucks." Those that can position themselves to gain an unfair advantage by a nano second, either with computers or physical location.

2012-05-01T17:34:00.000-07:00

Copycat Wolfe Wave analysis.

Copycat Wolfe Wave analysis. I get them in the mail every day.
Programmers, system writers and "shocking headlines." They all take credit for the same thing: Their interpretation of the Wolfe Wave.
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A trader's "arsenal." Not a good idea, IMO.

2012-04-23T17:21:00.000-07:00

How many times are we reminded to "add this to your trading arsenal"? NG, IMO. When I was a kid I had indicators for up, down and sideways markets, and anything that I could invent to be
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2012-03-26T14:28:00.000-07:00

Will yesterday’s indicators work today?

The problem with many indicators is that they are set, or shall I say, curve fit , to a specific time frame. When the rally/decline reaches the limits of their time frame, time saturation takes place and the indicator is rendered useless.