Classic TA Workplace 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 : Classic TA Workplace

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: nspolar who wrote (115072)	3/19/2005 10:04:55 PM
From: skinowski	Read Replies (2) of 209892

NS, I checked the link to the "EW course"... It seems that there is a small difference - they say that Wave C shouldn't go beyond the end of A (in a "regular" Flat). Prechter's text does allow that. Both texts not only allow, but actually require that this should occur for the "expanded" Flat. The bottom line is that if we are in a Flat since early 2004 - it is exceedingly unlikely that the small move down since this last Jan 3 would be ALL of Wave C. Even if the Flat is "regular", it should make a much deeper test of last summer's lows. If it is of the "expanded" variety, it should go lower.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next