Bearcat (BEA-C) & Stampede (STF-C) 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.

Gold/Mining/Energy : Bearcat (BEA-C) & Stampede (STF-C)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mr Stock who wrote (1542)	9/21/1998 4:24:00 PM
From: Dale Schwartzenhauer	Read Replies (2) of 2306

From a technical standpoint, these markets seem to be displaying a classic wave (1) up, wave (2) pullback. In this scenario, there is still considerable doubt in the advance by all but the most staunch bulls. If I'm right, we'll see wave (3) take out the highs of the year (on BEA), as this is typically the sharpest of the three impulse waves. Yes, I think Elliott wave theory applies to these stocks too. Anyone doubting should go back to a 3-year chart on Curlew and count the 5-wave sequence down from the last major top. It's very discernible. Dale

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next