Our system shows us what’s solid and cheap and via Elliott Waves, shows us what the masses are thinking, collectively. Well, in wave 2 (just like with wave C’s), they see no future, no hope and if they’re an investor, they’re disgusted with the stock and apt to sell. And if they’re not an investor, they’re not apt to buy. That’s some of the best times to be a buyer…when it could “feel” the worst…again, as long as the asset is solid and cheap (which is the case with IBM).
Reply To: IBMSean Hyman2021-01-06T09:20:55-06:00