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 : CFZ E-Wiggle Workspace

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Galirayo who wrote (7284)6/20/2008 10:38:35 PM
From: Moominoid  Read Replies (2) of 41420
 
Thanks! NDX looks similar. SPX has five waves down from the May high... I'm hoping all that is a wave C of a large wave 2, but even if it is just wave 1 of a bigger correction then wave 2 up should be imminent.

Here is my probably implausible bullish count:



A steep fall in the oil price triggered the bounce off the 1991 wave 2 bottom:

stockcharts.com

stockcharts.com

We probably need something like that now.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext