My name is Shivakkumar Vadiveyl. I have been interested in the share market for a really long time. I have tried fundamental analysis and value investing as I was focused on long term investments. Although I made some good investments, I realised that the overall market trend and timing are extremely important in determining the overall Return On Investment. You can find the perfect profitable company and yet, make a lousy investment if the general market trend is on the opposite direction or if the timing is bad. I then came to know about Elliott Wave Theory or Elliott Wave Principle in 2007 during the market hey days. That was like a Eureka moment as I started to see the market in a totally different light. I was fascinated how the stock market observed the Fibonacci Retracement and the Elliott Wave Principle, both in price and time like a train on a rail.
I started to blog about Elliott Wave Analysis and provided my own analysis of the S&P 500 and other counters on the stock market for educational purpose. Elliott Waves has a strong subjective element to it and often, it can be very difficult to pin point the exact wave structure. By publishing my thoughts of the stock market trend in a blog, it provides a platform for me to share my views with the internet community and get feedback on my analysis. More importantly, I hope to receive alternate views on the stock market so that the Primary and Alternate Elliott wave counts gets its due critique and gets refined. In that way, the analysis get a lot more accurate.