Moomin Valley (formerly Troll-free Zone) 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 : Moomin Valley (formerly Troll-free Zone)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Moominoid who wrote (1142)	10/8/2005 2:01:39 PM
From: skinowski	Read Replies (1) of 2852

D., if your weekly NDX read is correct, you should label your triangle as abcde, rather than in numbers. You label in numbers an ED, but since your point iii is lower than i, it looks more like a running triangle from point 3 (Jan 2004), rather than an ED. If you are right, this entire triangle could be a bullish Wave 4 - which would project a breakout to about NDX 1800 - 1900 (after an "e" towards the mid-1400's). I am not optimistic like that, but who knows. My preferred right now is the weekly ED theory on the major indices, with a likely test of 2002 lows some time next year - towards the 4 year cycle low. Message 21775351

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next