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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (14100)	9/20/2001 4:04:32 PM
From: Poet	Respond to of 209892

Agreed. -ng

To: AllansAlias who wrote (14100)	9/20/2001 4:10:20 PM
From: martin001	Respond to of 209892

Well that was ugly Thankfully sold half my longs for a gain and got stopped out of the rest <ng> The only glimmer of hope for longs is that the NAZ/SOX/S&P didnt make new lows

To: AllansAlias who wrote (14100)	9/20/2001 4:32:32 PM
From: Death Sphincter	Read Replies (2) \| Respond to of 209892

for an ewave WORKSHOP there sure aren't many charts posted around here. Had it not been for the attack I believe we were ready for a failed, but substantial, rally....only to be a head fake. THEN to fall to the levels we are now approaching, that being the lows of 1998 minicrash for NAZ with DOW holding above its lows of the 98 minicrash. doesn't matter now. here's a little chart action to chew on. LONG TERM: my contention on SI for years is: wave 1 from bottom of doldrums of late60'-70's up to high of 1987 wave 2 was crash of 87...a sharp quick slap wave 3: monster from low of 87 crash (1640) X 6.85 FIB up measures to 11,232 area....corrective cycle 4 started there, with momentum of bull market creating an 'irregular' B wave high of 11,750 wave 4: should alternate with wave 2(87 crash) and apppear as a nasty prolonged triangle...with FIB retrace .382 from 'orthodox' top around 11,232-35. 11,235 - 1640 = 9595 x .382 = 3665 pts. DOW high of 11,750 - 3665 = 8085. same as wave E of the triangle in the following chart geocities.com still stinkin after all these years