Silicon Investor (SI) -- The First Internet Community

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 : Nuvo Research Inc -- Ignore unavailable to you. Want to Upgrade?

To: jef saunders who wrote (6103)	12/9/2000 12:32:17 AM
From: Montana Wildhack	Read Replies (1) \| Respond to of 14101

Hi Jeff, Could you please let me know when 'wave III' starts? LOL Wolf

To: jef saunders who wrote (6103)	12/9/2000 1:41:21 PM
From: Cal Gary	Read Replies (2) \| Respond to of 14101

Hi Jef, have to agree with your 5 of 1 wave count. Wave 1 is still in progress! I believe, but stand correction, that EWers will count a-b-c-x after a trend change (our 9mo down) to call the wave 1 of 1. But definitely, agree we got a small wave 5 of 1 in progress. Another way to see it, when this small wave 1 is done, it may also be labeled as wave a. Regardless, we are still at the start of our journey. I get a .27 retracement from 8.5 to 7.25. Sooo, very close to calling wave 2 started and ended, but I won't. I'll double check in any event. (You wrote you got 14% retracement for the same, wave 4 of 1, but you based on absolute value of 8.5. should be using the value of current move) This changes my 13.50 calc. Based on $4 as beginning point, $9 close on friday and allow .32 retracement (a guess) for wave 2, then my new call is a min $15.49 wave 3 peak. But if wave 5 of 1 is not done yet, end of wave 3 would be higher than 15.49. :0) With the volumes recently, it appears as if the 'perfect' chart is being painted before our eyes.