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 : Longer-Term Market Trends
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Berk who wrote (874)6/10/2008 10:36:41 AM
From: AllansAlias  Read Replies (1) of 3209
 
Dick, I have no idea. I was not trying to show a target there. We may not even develop a strong push as shown there. The idea was to highlight two things:

1) That we would expect to see any bounce to be corrective, with overlapping price action. If we do get such a structure, I will add to the short.

2) That the trendline should not be overtaken to the upside, now that it has been given up.

These wiggles are all about reinforcing the wider timeframe maps, as opposed to say, wiggle targets or guessing at precise corrective shapes. Cheers
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News