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.
Pastimes : Ask da_cheif
MVIS 0.846-3.4%1:03 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GROUND ZERO™ who wrote (6046)10/15/2001 4:50:53 PM
From: Chip McVickar  Read Replies (3) of 8150
 
GZ,

Okay.., a "V"..., Looking for this answer...!

If I may ask a possibly "Dumb" ewave question...?
geocities.com

This DJIA chart has the first wave completed at 8718, with wave 2 ending at about 8471. Yet the bottom and beginning of this move began at 8062..., this is not even a 50% retrace.

Is it possible that this retrace was not deep enough to be considered the end of wave 1...!

We may be looking at a First Wave Extension, and if so where would wave 2 begin...?

Wave 2 Personalities:
"Second waves usually retrace, or give back, all or most of wave 1.... [and] must hold above the bottom of wave 1." Murphy

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