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Non-Tech : Lumacom Chronicles - a study of mania and madness

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To: TobagoJack who started this subject3/6/2003 12:02:59 PM
From: Moominoid  Read Replies (1) of 113
 
On a reappraisal LUM could be heading into wave 5 rather than a B wave:

rpi.edu

So at least two alternative E-Wave counts and not sure which one is true. Or maybe the recent correction is just wave 2 of the next higher degree in its ascent?! :)

Basically there is not enough trading and fine enough price points to tell the difference between the scenarios for sure.

The moving averages support what I labelled as "b" being wave 5 and c being A of the correction with us now in B.

Anyway I went long at 26 cents. Better late than never :P

moom/David
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