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 : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: AllansAlias who wrote (5451)4/10/2001 12:25:38 PM
From: Paul Shread  Read Replies (1) | Respond to of 52237
 
Great stuff, Allan. So you're looking to SPX 1181, COMPX 1974 and INDU 10,020 as they key, if I interpret those charts correctly.

The yield curve has now fully uninverted ... barely.

bloomberg.com



To: AllansAlias who wrote (5451)4/10/2001 8:37:44 PM
From: Lee Lichterman III  Respond to of 52237
 
Thanks. Did you ever figure out a wave count on the NDX? I am no e-waver but I am thinking we may have done an ABC on this wave 3 down which is why I can't find a 5 wave hiding in it. Is that legal and then would that mean that we are starting the wave 4 now?

I can't figure out if we are going to retest now or wait and try to push up into the 23 April cycle turn EVERYONE seems to be seeing. I have read that date form at least 4 sources. That almost makes me think we could extend this rally out with some minor retraces and hit at least 1750 NDX to 2200 NDX before the wave 5 hits and we retest or more likely go lower to the 1063 target Don has. Makes sense but not sure enough to buy more calls. -ggg-

NTAP has a nice clean 5 waves down that you can't miss.
marketswing.com
(Disclaimer - I have multiple positions on both sides of this.)

Good Luck,

Lee