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 : Moomin Valley (formerly Troll-free Zone)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Moominoid who wrote (521)2/20/2002 1:13:11 AM
From: At_The_Ask  Read Replies (2) of 2852
 
The model failed abyssmally yesterday but says up again for Wednesday

When has it not? -VBG-

I'm completely flat for the moment and I am also expecting a bounce soon. But then again so is the rest of the world so we may just tank instead. I regret getting out of my bearx again but we had so much down, and the stinking bundesbank killed gold. If not for them I'd say today would have been a +4% day. I was tempted to hold out for gold to rally a bit but there was no way to gaurantee a market rally wouldn't cancel it out. Nevertheless +3.3% from the 14th. At this rate I should at least double my account this year, knock on wood. Not bad for a countryboy. hehe........Bearx has a certain gold component to it, it's hard to say exactly but I'd guess it varies between 30 and 50%.

Your right we could get an abc here after five waves. The only thing that makes me count it as an extended three is that by ending here the 1 would be longer than the three. Not illegal but I would expect a standard wave with three being the largest. I'm all cash so I get the luxury of waiting and seeing at least. As you know long term I expect we get close to the lows if we don't take them out before we make a new high.
good luck and shoot for the premium on those puts and calls
Loren
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News