Strictly: Drilling II 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 : Strictly: Drilling II

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Frank Pembleton who started this subject	1/9/2002 7:09:59 PM
From: gold$10k	Read Replies (2) of 36161

Any E-wavers out there? Looking at the XAU weekly chart below, if November, 2000 to May, 2001 was the 1st wave up, and May, 2001 to November, 2001 was the retracement wave 2, then we should be in wave 3 now. My vague remembrance is that wave 3 must be at least as long as wave 1. Since wave 1 was 24.93 (from 41.61 to 66.54) and wave 3 started at 49.23, then wave 3 should carry XAU to at least 74.16 (24.93 + 49.23). stockcharts.com Somebody out there must know more about this than I do... please speak up.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next