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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: pezz who wrote (18902)	5/14/2002 12:38:10 AM
From: Moominoid	Read Replies (1) \| Respond to of 74559

ADSX E-Wave Nonsense Well, I've redrawn my chart again :)..... Still expect a 5th wave up from the summer 2001 bottom. Unless this whole move is just a deadcat bounce corrective wave? (in which case it is complete with 3 waves up....) I think the rising volume means that the move isn't dead yet. This is the fourth wave.... Best guess now is that we are in an ascending triangle since mid April (which is typical for 4th wave moves). You'll notice the stock stopped and bounced up from what has been a rising lower trendline since the beginning of April. Any move below that would be bad news.... Triangle should have a rise to the highs (wave D of triangle) and then a shorter final declining wave.... David