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 : Stock Attack II - A Complete Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sean sanders who wrote (30389)2/19/2002 11:02:45 PM
From: At_The_Ask  Read Replies (2) of 52237
 
Take a peak at this one if you want a chart. I have a feeling SO is seeing more or less what I'm seeing.

marketswing.com

I don't know if you know about elliot waves or not, but on the NDX chart call each point that touches a red line starting with the first down move and then following up down up 1-2-3-4 and you will get the drift. An elliot impulse has five waves and usually will follow within a parallel channel. This means we get a further wave down. It would seem we get pretty close to or even exceed the sept. lows.
I could be wrong.....but I doubt it.

I'm not familiar with SO's work so I can't vouch for his historical accuracy. I can say that no one is always right all the time, even the very best. He has the balls to call for serious down now despite all the bull bashers saying we are over bought and "are gonna blast off, blah blah". Most of those blast off guys are always wrong and try to shout down anyone who disagrees with them. Also it sounds to me like SO is just voicing his opinion as he should be able to, without all the GURU's jumping his case. take his call and mine with a grain of salt, we both may be eating crow next week, sh*t happens sometimes. My advice, be wary of anyone who touts how "miraculous" their own calls are while bashing others. They have a need for attention or adulation whatever you want to call it. They aren't serious guys trading for money.

Break a leg.

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