SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Stcgg who wrote (123)10/24/2000 2:55:52 AM
From: Erik T  Read Replies (1) of 74559
 
Stcgg, thanks for the links.

I have just started looking at Elliot Wave theory, but it does seem interesting that the NASDAQ has so far been unable to break upward resistance of 3497, the Fibinocci 0.382 retracement level. I played some short-term trades "knowing" the expected rally was coming off 3,000. The fact the NASDAQ closed below this level (3497) on Friday caused me to sell all tech holdings Monday morning. Probably too early, but the risks just seem too big.

Regards,

Erik
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News