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 (8760)9/30/2008 10:41:37 PM
From: skinowski  Read Replies (1) of 41469
 
Your charts are pretty complicated, but I'm getting used to them. They do make sense. I see that you have a couple of potential turn dates coming up.

Your red wave 4 overlaps with the low of wave 1 - which shouldn't happen in an impulse, unless it is a Leading Diagonal. But then again, who knows, maybe the entire action since October of last year WAS a Leading Diagonal? Only the first wave of a larger decline? That is not impossible -- if this bear market will decide to go on for another few years, then it would be only fitting that the first leg down (an LD?) should take a year.

Not sure I'm prepared to subscribe to this view, but it is a real a possibility, worth keeping on the back burner - and as far as I know you and I are the only people who thought about it... g/ng
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext