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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: velociraptor_ who wrote (18571)4/26/2001 8:05:02 AM
From: Rambi  Read Replies (1) | Respond to of 37746
 
Velo-
Thanks for an especially good update today on the SPX. I had been trying to follow the EW thread and was getting extremely confused. Your clear explanation really helped with the large pattern, of which I had lost total sight..
Is it correct that C ends a complete cycle and so your goal of 1187 (or 1158) would be the end of the next impulse down and we correct up again--
And would the market then begin another cycle? Or am I just lost as usual. (Im having a lot of trouble reversing the pattern for a bear in my head- it's like trying to play oppositional scales on the piano when you are still only learning how to go up)
Where are we in the very grand scheme of things in the bear, if it is a bear? How many times can the cycle repeat downward?
This all seems very chaos theory. Are these patterns like fractals where we could actually break down the one minute chart and see similar cycles?



To: velociraptor_ who wrote (18571)4/26/2001 10:51:12 AM
From: Rambi  Read Replies (1) | Respond to of 37746
 
Velo- don't know if you're around, but wondered if breaking through 10700 which was as high as you went on the DOW commentary, is going to change the landscape dramatically?