Current Trading Positions for MRLAV  (MRLAV)  Weekly on 30-Dec-2002

 * A Primary degree trader (hold positions from months to years), would currently be trading long in this market. The probability of this Target Area being correct is 65.3%. However, the random probability of this Target Area being correct is 45.0%. So the true probability of this Target Area being correct is 45.1% better than random.

Extensive Elliott Commentary for MRLAV (Weekly) on 30-Dec-2002 with one incomplete pattern:

Wave C of the Primary degree inverted Zigzag with a rating of  104.3 is expected to complete in the price range 8.12 to 13.13, but more probably between 8.8 and 11.18. This wave could complete anytime between now and 14-Jul-2003, but is most likely to complete sometime between 13-Jan-2003 and 24-Mar-2003.

This wave C will complete the ZigZag pattern.

Current Analysis Settings:

Analysis Date Range: 17-Aug-2001 to 30-Dec-2002,  Label Range: 15 - 50,  Preferred Count Labels: 23,  Min Rating: 75,  Include Hidden Waves,  Stocks toggle ON,  Bias Towards Beginning of Data: 8,  Bias Towards Major High/Low: 8,  Largest Degree Wave Filter: Any Pattern

Current Trading Positions for POS1V  (POS1V)  Weekly on 30-Dec-2002

 * A Primary degree trader (hold positions from months to years), would currently be shorting this market. The probability of this Target Area being correct is 66.8%. However, the random probability of this Target Area being correct is 53.0%. So the true probability of this Target Area being correct is 26.0% better than random.

 * A Cycle degree trader (hold positions from quarters to years), would currently be trading long in this market. The probability of this Target Area being correct is 79.6%. However, the random probability of this Target Area being correct is 65.0%. So the true probability of this Target Area being correct is 22.5% better than random.

Extensive Elliott Commentary for POS1V (Weekly) on 30-Dec-2002 with two incomplete patterns:

Wave X of the Primary degree inverted Double 3 with a rating of  102.2 is expected to complete at a price no higher than 5.4, but more probably between 2.7 and 4.95. This wave could complete anytime between now and 04-Oct-2004, but is most likely to complete sometime between 13-Jan-2003 and 28-Apr-2003.

After wave X is complete, expect the market to continue up into wave Y, which will probably be a three wave corrective pattern. Expect wave Y to retrace wave X by 102% - 233%. Wave Y can also be expected to be 89% - 233% of the price length of wave W. The expected time for wave Y to complete is 81% - 315% of the time taken for wave X to complete and 49% - 203% of the time taken for wave W to complete.

Wave x of the Cycle degree Double Zigzag with a rating of  84.6 is expected to complete in the price range 11.04 to 43.5, but more probably between 20.14 and 36.77. This wave could complete anytime between now and 21-Jan-2013, but is most likely to complete sometime between 08-Sep-2003 and 02-Oct-2006.

After wave x is complete, expect the market to continue down into wave y, which should be a three wave Zigzag pattern. Expect wave y to retrace wave x by 151% - 322%. Wave y can also be expected to be 100% - 322% of the price length of wave w. The expected time for wave y to complete is 57% - 237% of the time taken for wave x to complete and 60% - 226% of the time taken for wave w to complete.

Current Analysis Settings:

Analysis Date Range: 10-Dec-1999 to 30-Dec-2002,  Label Range: 15 - 50,  Preferred Count Labels: 25,  Min Rating: 75,  Include Hidden Waves,  Stocks toggle ON,  Bias Towards Beginning of Data: 8,  Bias Towards Major High/Low: 8,  Largest Degree Wave Filter: Any Pattern

Current Trading Positions for LTE1S  (LTE1S)  Daily on 30-Dec-2002

 * A Cycle degree trader (hold positions from quarters to years), would currently be trading long in this market. The probability of this Target Area being correct is 79.6%. However, the random probability of this Target Area being correct is 65.0%. So the true probability of this Target Area being correct is 22.5% better than random.

Extensive Elliott Commentary for LTE1S (Daily) on 30-Dec-2002 with two incomplete patterns:

Wave C of the Primary degree inverted Flat with a rating of  93.1 is expected to complete in the price range 10.3512 to 13.5, but more probably between 11.2344 and 12.8472. This wave could complete anytime between now and 08-Jul-2003, but is most likely to complete sometime between 31-Dec-2002 and 02-Apr-2003.

This wave C will complete the Flat pattern.

This is the final wave in the pattern. When complete it will also complete wave x of the Cycle degree Double Zigzag with a rating of  84.2. These two waves have the same target ranges.

After wave x is complete, expect the market to continue down into wave y, which should be a three wave Zigzag pattern. Expect wave y to retrace wave x by 151% - 322%. Wave y can also be expected to be 100% - 322% of the price length of wave w. The expected time for wave y to complete is 57% - 237% of the time taken for wave x to complete and 60% - 226% of the time taken for wave w to complete.


Current Analysis Settings:
Analysis Date Range: 04-Jan-1999 to 30-Dec-2002,  Label Range: 15 - 50,  Preferred Count Labels: 15,  Min Rating: 75,  Include Hidden Waves,  Stocks toggle ON,  Bias Towards Beginning of Data: 8,  Bias Towards Major High/Low: 8,  Largest Degree Wave Filter: Any Pattern

Current Trading Positions for Honkarakenne  (HONBS)  Weekly on 30-Dec-2002

 * A Primary degree trader (hold positions from months to years), would currently be trading long in this market. The probability of this Target Area being correct is 85.4%. However, the random probability of this Target Area being correct is 64.1%. So the true probability of this Target Area being correct is 33.2% better than random.

 * A Cycle degree trader (hold positions from quarters to years), would currently be trading long in this market. The probability of this Target Area being correct is 78.4%. However, the random probability of this Target Area being correct is 65.0%. So the true probability of this Target Area being correct is 20.6% better than random.

Extensive Elliott Commentary for Honkarakenne  (HONBS)  Weekly on 30-Dec-2002 with three incomplete patterns:

Wave (C) of the Intermediate degree inverted Flat with a rating of  96.3 is expected to complete in the price range 3.64 to 6.15, but more probably between 4.71 and 5.19. This wave is due to complete anytime from now until 24-Feb-2003, but is most likely to complete before 13-Jan-2003.

This wave (C) will complete the Flat pattern.

This is the final wave in the pattern. When complete it will also complete wave Y of the Primary degree inverted Double 3 with a rating of  84.1. These two waves have the same target ranges.

Wave Y will probably complete this Double Sideways pattern, although it could possibly extend into a Triple Sideways pattern.

This is the final wave in the pattern. When complete it will also complete wave x of the Cycle degree Double Zigzag with a rating of  81.3. These two waves have the same target ranges.

After wave x is complete, expect the market to continue down into wave y, which should be a three wave Zigzag pattern. Expect wave y to retrace wave x by 151% - 322%. Wave y can also be expected to be 100% - 322% of the price length of wave w. The expected time for wave y to complete is 57% - 237% of the time taken for wave x to complete and 60% - 226% of the time taken for wave w to complete.

Current Analysis Settings:

Analysis Date Range: 22-Oct-1999 to 30-Dec-2002,  Label Range: 15 - 50,  Preferred Count Labels: 17,  Min Rating: 75,  Include Hidden Waves,  Stocks toggle ON,  Bias Towards Beginning of Data: 8,  Bias Towards Major High/Low: 8,  Largest Degree Wave Filter: Any Pattern

Current Trading Positions for NOKIA Helsinki  (NOK1V)  Daily on 30-Dec-2002

 * A Primary degree trader (hold positions from months to years), would currently be shorting this market. The probability of this Target Area being correct is 88.6%. However, the random probability of this Target Area being correct is 65.0%. So the true probability of this Target Area being correct is 36.3% better than random.

Extensive Elliott Commentary for NOKIA Helsinki  (NOK1V)  Daily on 30-Dec-2002 with one incomplete pattern:

Wave X of the Primary degree inverted Double Zigzag with a rating of  102.5 is expected to complete in the price range 10.52 to 18.7036, but more probably between 13.015 and 16.8074. This wave could complete anytime between now and 13-Feb-2004, but is most likely to complete sometime between 17-Jan-2003 and 25-Apr-2003.

After wave X is complete, expect the market to continue up into wave Y, which should be a three wave Zigzag pattern. Expect wave Y to retrace wave X by 186% - 388%. Wave Y can also be expected to be 102% - 388% of the price length of wave W. The expected time for wave Y to complete is 68% - 278% of the time taken for wave X to complete and 57% - 186% of the time taken for wave W to complete.

Current Analysis Settings:

Analysis Date Range: 31-Mar-2000 to 30-Dec-2002,  Label Range: 15 - 50,  Preferred Count Labels: 49,  Min Rating: 75,  Include Hidden Waves,  Stocks toggle ON,  Bias Towards Beginning of Data: 8,  Bias Towards Major High/Low: 8,  Largest Degree Wave Filter: Any Pattern