Nov 082012
 

Ramki’s Elliott wave analysis of Lockheed Martin appears on Forbes today

  3 Responses to “Elliott wave analysis of Lockheed Martin Corp”

  1. hi mr. ramki, you are suggesting the move down to low 80s is an x wave? and likely get another abc rally? typically c waves end below your wave 0.. no? thanks

  2. Ramki,
    can you revisit LMT and comment on its upward push

    • Hello Josh, No change in the big picture. All we are seeing is a deep Wave “B” which has an equality measure for its minor wave ‘c’ of the a/b/c at 95.78. Once it reaches there, or a premature close below 92 should set in motion the deep correction I discussed in Forbes.

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