Why the markets will continue higher... 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 : Why the markets will continue higher...

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Cage Rattler who wrote (260)	12/30/1997 7:28:00 AM
From: GROUND ZERO™	Read Replies (3) of 745

Hi Ted, I guess there's more to it that just what I described to you so far. I've been doing this for so long that it's like trying to explain how to walk or breath. We've met the objective with the last wave, the Nov. low and Dec. high bisected by the Nov high. Now, if you count the number of days from that Nov. high to the day where the line is bisected, you are half way through that cycle. Just count forward the same number of days and you will arrive at a time perod when the objective should be met. And we did. Take the new fork we just drew. It measures about 4 weeks from the Nov. low to the current bisect point. This means that there are about four weeks left to go in this cycle. Since the market took two of those weeks to bottom, and reach the previous objective, therefore we should see this market rally for another two weeks. Did I lose you? Oh, LB means long bond, duh, okay, I just figured that out. Will do. GZ

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next