A year ago today I lost my father and my best friend, everyone here lost their mentor and a friend. Dad and I spent the last 7 years of his life living together. Our households merged on a very snowy day in Feb those years back. I would’ve never thought they were to end so soon.
Like many of his generation COPD made his life difficult. My father was the type of man to overcome anything and everything. A car accident had shattered his leg in his 50s. He came back from it to be more physically fit than ever. Months of not being able to walk to walking miles. He had issues with depression and alcoholism that he was able to overcome and live a healthy, fruitful life. He turned to spiritualism to help him through the darkest times. Which many of you had conversations with him about. A lot of hardships made him the man he was. He pushed himself physically and mentally to be the best he could be. As much as life threw at him over the years he did the best that he could and overcame. In my mind he could overcome this and he’d have me there to help him.
My father was so proud to have his dream house, loyal dopey dog, his daughter and grandson with him for those last few years. He had just finished and posted updated lessons and had sent me off to the east coast a few days prior telling me “to find my dream home, don’t worry about anything else.” We were planning on moving back to the East Coast for better doctors for him and better schools for my son. On the way to his mother’s funeral the prior October when we entered a state I was trying to convince him was a good idea, 3 rainbows were huge and present. We both took it as a sign to continue on that path. The last email conversation I had with him was to hunt down a wine he hadn’t had in years to bring back with me with some Entenmann’s stuff we couldn’t get were we lived either.
I received the call the next day and hurried back. Dad went out on his own terms. Even quietly making the news. He was no stranger to news having been in Barron’s and on tv on multiple occasions in the late 80s early 90s. Later in life he turned down multiple speaking engagements and tv appearances. He liked his quiet life.
This year has been the hardest of my life. Everything had started to unravel and I found myself lost without him. In the beginning I just auto-piloted everything while basically still in shock. I tried to do what I thought was right not considering myself at all but, at the end of the day there was just too many balls to juggle and I was trying to live 2 lives at once. Things started to fall and with that my mental state. I’m the type to either do things 100% or not at all. After things had started to calm down and stabilize around June of last year I fell into a crippling depression. I’m working my way out of it now. For everyone who has been so supportive and sent me kind wishes I thank you. You can never know how much it all means to me. For those of you who threw hate, and assumptions (someone actually accused me of thinking I was above my father’s followers recently in an email smh) due to my lack of responses and participation. For those of you who threw the negativity at me, I hope you find peace and happiness for you are in desperate need of.
I want to thank everyone for your patience with me in the last year. I wish you all health and happiness in the coming years.
For the time being the blog will remain open for reference and educational purposes, however the weekend reports will not for the foreseeable future. OEW lessons will continue for the time being. I love talking with students and their excitement, positive attitude, and seeing my father’s work continue on helping people better their lives means a lot to me. Lessons are a requirement to have access to the private group which remains active and ongoing. Lesson advert he posted from last year please email me at johnsonoew@gmail.com if interested in taking lessons.
In the coming year I’m going to dive into his notes of spiritual teachings. I want to pull them together and offer them in some sort of format for those who would like them. Stay tuned for that.
A year later I truly understand what his last words to me really were. I’m undertaking that journey now, wish me luck.
Over the weekend I asked members from the group if anyone wanted to say something publicly on the blog.
“Don’t be dismayed by good-byes. A farewell is necessary before you can meet again. And meeting again, after moments or lifetimes, is certain for those who are friends. – Richard Bach” ~ Wesley
“Looking for an edge in investments may draw one first to OEW, but what drew one to Tony ultimately was his heart and the example he set for his students and on “the board” for patience, generosity, and humility. These live on in his students and cause them to pause as they interact with one another in the exchange of ideas and preservation of the principles of OEW from which further insights might be gained. ” ~Joe
“Tony, I will remember you always as one of the most inquisitive, analytical, thoughtful, & kind people I have ever known.
You graciously shared your life’s work with the world & greatly enhanced my ability to study the factors influencing global financial markets as well as the collective investor consciousness.
Your quantitative approach to objectively interpret the Elliott Wave Principle remains your OEW legacy. However it was your subtle sense of humor, compassion, & ability to communicate with curious minds across any subject in search of greater understanding that I will forever appreciate and seek to emulate in my own life.
On a personal note my Mom passed of pancreas cancer 2 short weeks after you & for that reason February will forever be a month of remembrance for my two greatest teachers.
Namaste,” ~ Ryan
“Tony you certainly were a rare and special kind of person who shared your life’s work to help the lives of others. You taught me to be a successful trader improving my financial life but more importantly you taught me to be a better person. I use to be the kind of person that would never of shared his findings or tried to help people like you have done but I see now that those actions are what really gives fulfillment to ones life and I have you to thank for that. You will always be remembered as my mentor.” ~Rich
“They say the teacher will come when the student is ready and that was certainly the case with Tony for me. I needed a framework to help streamline my investments and a random tip from a colleague sent me to the OEW blog. It didn’t take long before I realized that this approach was different from the subjective/changeable E-wave that I had known for years. I powered through the lessons, looking forward to learning more in real-time. Unfortunately, my time with Tony was cut short, but his approach and guidance through the Lessons have had a profound impact on the way I view and approach the markets now. I’m glad I found you when I did. Many thanks, Maestro Tony.” ~Greg
“RIP Tony. We miss you!” ~ Kele
“RIP Tony Caldaro.
“Your father was an exceptional man, full of kindness and compassion for all he met and spoke to within the group, ultimately, he was an inspiration and I hope to emulate his outlook on life towards others even more so in the years to come. Your dad always liked too sign off with a smile, so hear goes =) ” ~Alistair
Love only yourself, or Love yourself and all others.
It’s a choice. Make the choice!
The DJIA .382 is about 27,950. Maybe it will hit it today, plus we could get an OEW downtrend today. Doubt this correction will last very long. Pure panic.
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M. Wags, where can someone follow you if this board is closed? Do you have your private blog? can you please provide link?
Thank you
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Sorry Buffett Jr.… I do not.
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https://rense.com/general96/reality-beyond-horror.php
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U.S. GDP getting revised lower. Probability for 2 Fed rate cuts now up to 60% for the year. 3 cuts at 45%
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Am a buyer of GH this morning. Earnings out after the close and they should smash the Street consensus on the upside!
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SPX retracements for the entire rally up from the early October low:
3191 / 3127 / 3063
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Hi Wags, yes, this looks like micro wave 4…..retracing all of wave 3 from Oct til the top. .382% is 3190. Also, this is probably the A wave of an ABC correction. Looks good. OEW seems to be lining up nicely. Gotta get an OEW downtrend signal to confirm wave 4 though.
Six
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https://gtwaves.wordpress.com/
Lot’s of “blogs” out there, heres my unsolicited choice FWIW
Guys this is GTO’s blog and its a good one IMHO
He’s professional and consistent and does his own thing , he’s been a friend of Tonys blog for a long time.
Farewell guys and continued success!
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Thanks Dr. Lee, the original Pivot Master!
Long live the OEW!
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Haha !
You’re welcome and thank you for sharing your excellent work all these years , Ive learned so much from Tony and you guys I really appreciate it all .
Yes !! Long live the OEW !
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Mkts @ 11:59 London UK – Time (Wall st price is Dow) Glta.

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I wonder what time the Fed will step in and print a cure for this virus lol… in all seriousness though this is what happens when you have thin markets and months on end of irresponsible leveraging up on nothing at all other than free liquidity. Shouldn’t be allowed to happen.. and the bulls/fed fully deserve a market crash now
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hope feds wait till after 8 AM mark
so i can exit my SQQQ 🙂
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You mean you can’t exit 24/7? What if you were long instead of short on a day like today? Surely you can’t have to just watch while it gaps against you and not be able to do anything…
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there was no way i could be long
it was be short or be out
those where the only options
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That’s not the point though.. the point is anything can happen so are you literally forced to fly blind? sounds like you need a better broker
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doing just great mark
dont worry about me
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just exited SQQQ at 18.81 mark
would not want to be short now
too much risk
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Of course
Thanks for sharing Phil
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Hard to believe someone as prescient and as successful as you is not using futures. You could get out whenever you please.
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Bingo. It really doesn’t add up.
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EXAS
down 10 points
bongo … it really doesnt add up
tell your ” trading assistant” aka YOU
to stop sending annoying emails to me
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You could really use some “real-time” quotes Phil from a real trading platform.
EXAS is down $5.00 this morning.
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never mind that
just stop the email nonsense you fool
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Current EXAS Quote: – $4.59
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Just a quick note:Al Brooks sees a trading range of 2900 to 3500 this year.Something to keep in mind.Maybe if the blog is still active,I’ll post again later in the week.
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Im well aware that people here arent interested in trading or investing in stocks. Its ALL about where the SPX is going.
In any event, the last stock that I highlighted here back in December before the blog closed down was CGEN. It has since doubled.
I wouldnt be surprised to see a secondary offering soon, but that doesnt matter. I will still be a buyer. The market cap has a long way to go.
Meanwhile, EXAS has rallied from $75 to $103 as most EWavers on blogs were calling for $48. Ive done well adding to my position as well as selling the March $75/$80 puts. Guidance for 2020 appears conservative to me, although Q1 will continue the historical seasonality of booking only 20% of the years revenue. The new Liver Test should be rolled out in 2H as an LDT.
It really does pay to have a solid fundamental understanding of what a company is doing. It helps to avoid posting ignorant things on a blog about how a screening test like Cologuard doesnt detect pre-cancerous adenomas.
On another note, the Top Picking that I continue to see since December throughout the blogosphere makes no sense to me. But it has been a very good contrary indicator.
Good Luck.
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M Wags,
Weren’t you recommending AMRN. That stock had a blow off top in mid December and hasn’t done crap since then. Down almost $10 a share since that high.
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Yes, I sure was!
I posted that I bought AMRN at $13.61 – 13.90 in after hours on August 8th when the stock collapsed on news that the FDA wanted to hold an Ad-Com Meeting on VASCEPA. As posted, I sold it out on the Monday ( Dec. 16th ) after the FDA approval of an expanded label for VASCEPA on the proceeding Friday nearly doubling my money.
Am now buying again here in the 17’s because sales are growing 80% year over year for the second year in a row and that’s without any DTC advertising and insurance coverage still being worked out. Add doubling of the sales team and DTC marketing starting in a few months and approval in Europe this year and you’ve got a home run!
The market is pretty big for CVD prevention., especially when it comes to Vascepa which drives down triglyceride levels and can be used with statins.
If you want to learn more about AMRN and Vascepa, their earnings call is Tuesday the 25th, after the close.
Good Luck!
🙂
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I did buy it at $19. If it gets to $14 for a triple bottom I will be buying much more.
Thanks.
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