Longer-Term Market Trends 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 : Longer-Term Market Trends

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Perspective who wrote (1599)	8/7/2008 10:05:26 PM
From: skinowski	of 3209

I don't think the B low, 2, and 4 are required to be collinear. Agree. If it happens - OK, but it doesn't have to. If the indices will rally tomorrow without testing the support line, the structure may still evolve into a legit ED. It does look like the advance is nearing the shorting territory. I'd like to see a lengthier correction, with more bullishness - but it doesn't have to happen.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next