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.

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

To: AllansAlias who wrote (17836)	10/24/2001 1:54:14 PM
From: At_The_Ask	Respond to of 209892

View qqq or ndx chart in the 60 min time frame for this to make sense. If I may take a crack at the longer time frame; I believe we are in the 3 of the 5 of the entire move from 10-3. I count 10-3 as the beginning of wave 1. The preceding up I believe is part of some type of flat. the end of 1 is the peak on 10-4. The end of wave three is the gap open on 10-17. The five of the entire move from 10-3 is in progress. We may be in the three of 5 or the five of five but I favor the longer five scenario. In short no significant down in the very near term. Also if we get above 36.50 or so I think we see 42 on triple q. If not then we should begin correcting fairly soon. Bullish count implies we are in the three of three of the five right now so if we take off after this small down then the longer five should apply. My apologies if this too hard to follow. Someday Ill get web page. Edit 40-42 on qqq.