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Strategies & Market Trends : Moomin Valley (formerly Troll-free Zone) -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (265)10/27/2001 9:00:31 PM
From: Moominoid  Read Replies (2) | Respond to of 2852
 
It's my uneducated E-Wave guesses. I have seen Prechter's interpretation of the crash so far and it makes sense and I am trying to figure out what happens next. According to that we are now in the corrective B-Wave (going up). Using the daily stochastic on the IQ chart to aid in deciding on wave counts and some of the basic e-wave rules, I figure 1 of A of B is over and we are now probably in 2 of 3 of of A of B. That certainly could be wrong. So I figured out how big this entire move up to A of B would have to be. A bit like working out how big a crocodile is from just its skull :) Then there needs to be B of A to correct and then C up.

This is far more bearish than da_cheif needless to say.

Here's another one on a closing price chart:

cres.anu.edu.au