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 : P&S and STO Death Blow's

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ajtj99 who wrote (4312)7/29/2002 12:06:05 AM
From: Jeff   of 30712
 
well.....eugene's side comes from the bull side.....and its still bad....<gg>

and those 20000 and 100000 targets are just nonsense..<g>

anyway.....he leaves out what really happens in bubbles.....and thats a total retrace and maybe even an extreme low.....and that sure isn't 1000....

besides....the nasdaq is still following the dow retrace to a t....so you can't ignore the path after the bubble bottom either....

and that includes a strong rally off the bottom with a retest to a higher low....

and those t-q tops were made major tops for a reason....and when you see the dow aftermath in the 30's....and the rest of the nasdaq retrace leading to that obvious bottom at 700 area.....the t-q tops are perfect fits with the first rally off the bottom.....but more important the higher low made on a retest and another double from there that fits the 1650 t-q top perfect.....

it just all lines up too perfect.....

i didn't use fibs from 1832 to 1192.....i just let the retrace do its thing.....and it did it....thats a fact....and we all watched it happen....

again....until the retrace fails.....you have to respect its path just the way it is....
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext