Stock Attack -- A Complete Analysis 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.

Strategies & Market Trends : Stock Attack -- A Complete Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Robert Graham who wrote (25726)	7/20/2000 2:43:29 PM
From: John T.	Read Replies (2) of 42787

Robert, yesterday's close was essentially the end of wave A down. The theory is that we are in a correction mode that will correct in three large waves -- A down, B up, and C down. OK, so yesterday's close was essentially the bottom of wave A down. Today we started wave B up. Wave B up should be composed of three sub-waves -- waves a up, b down, and c up. At this time I think we are in wave c up. Wave c up(which is a sub-wave of wave B) will terminate at the end of wave B up. Thereafter, we should move down in big wave C. Wave C down should take out the lows of Wave A down (yesterday's lows). This could form a possible double bottom. Wave C down may unfold over several days. Basically, I think the present ABC correction is a zigzag. That means 5 waves down in wave A, 3 waves up in wave B, and 5 waves down in wave C. Again, this is all theory or guess work.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next