INTEL TRADER Message Board

STOCKTALK

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.

Technology Stocks : INTEL TRADER

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: MonsieurGonzo who wrote (7085)	10/18/1999 7:54:00 PM
From: bobby beara	Read Replies (2) of 11051

Long-Term, I'm bullish, so I'll accumulate stuff. There are a lot of skeptics of elliot waves and i will tell you that elliot should only be used as complimentary tool in a traders toolbox, but when you get a really clean count confirmed by sentiment and momentum oscillator you got pure gold. IMO this is a very clean count from the last REAL bear market 1994 (which was still a pussy bear market from historical standard, man baby boomers are spoiled --gg--) members.bellatlantic.net What makes this count especially valid is that wave 3's are the longest and strongest moves in a bull and are usually characteristed by strong internals and my wave 3 of 3 is the epicenter of wave 3 where we had the largest # of new highs and the peak in the Summation index - BASICALLY THE PEAK IN INTERNAL MOMENTUM. On a weekly a/d chart you can get this same count into april 98 (being three) but the weekly a/d made a much lower peak in april 99. These are perilous divergences and many street t/a's are rationalizing them off, very dangerous. bb

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next