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Warren - be careful - BEAR going after IBM, AXP, WFC, KO etc.

Trading | Elite Trader - www.elitetrader.com
IBM & AXP = AfterLOS already Q.E.D those. Reversals confirmed already

WFC & KO = next.

Why?

In a "C" wave BEAR will always go after bull-market icons. I know this. Bummer because I like Warren.

But the nature of a C-wave is that he will not escape. That's just the way it is.

----------------------------------------------------

Wells Fargo (WFC):

AfterLOS calls the Top in as of Sept 19, 2014 - TREND reversal on 10-14-2014

Coca Cola (KO)

Monthly timeframe clear 5-waves up from 1974 low. Suspected TOP is 10-10-2014

Daily last wave trendline is broken, but reversal not yet confirmed

Berkshire Hathaway - A:

In a 5th wave currently on monthly timeframe from 1980s. Wave 4 completed March 2009 with everybody else.

Current Top is 9-19-2014 - need a break below August 1 low to confirm Top is in. So at the moment

need a trendline break to call it. On hold.

Work in progress ......
Date: Oct 21, 2014   


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