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 : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: The Freep who wrote (7819)7/24/2001 7:40:55 AM
From: AllansAlias  Respond to of 209892
 
Freep, It's *possible" I suppose, but that's not the profitable question. The only thing one cares about is what's *probable*. For the triangle scenario, it is unlikely that we have a complete 'd' wave up. It needs another push -- its 'c'.

And moves in 3's are always labelled a-b-c, so there's no '3' wave involved.

The sort of consolidation that the NASDAQ has been doing since the recent high on July 13 looks moderately bullish to me, so that fits with the notion that we'll get a push up soon. How this reconciles with this weeks earnings barrage I can not guess.

Cheers



To: The Freep who wrote (7819)7/24/2001 8:17:44 AM
From: AllansAlias  Read Replies (2) | Respond to of 209892
 
I should add Freep that in order for the current multiday consolidation to maintain its moderately bullish appearance, it has to go up now. A break of COMPX 1980 and it'll look bearish.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News