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: bcrafty who wrote (49716)8/10/2002 5:58:22 PM
From: Shack  Read Replies (2) | Respond to of 209892
 
Well he did call it a complete 5 wave structure which infers he believes it is done. And just to re-iterate, I am not onside with that call. I believe the rally out of the Aug 5th low is not a 'c' wedge but a simple 3 wave 'b'. I can make a good case that my wee little ED needs another tiny high but that is just a wiggle. I should also add that velo's count looks more possible when I look at the BKX.

I have a "sentiment oscillator" which is on the verge of giving me a sell signal here. Previous sells were on June 19, July 1, and July 30. I respect it here too especially given we are above Max pain on some key issues.



To: bcrafty who wrote (49716)8/10/2002 11:09:34 PM
From: mishedlo  Read Replies (1) | Respond to of 209892
 
As mishedlo has reminded us often there's a lot of max-pain that has to be reached next week, like his GE 27.50 example.

I have not tracked GE so I do not know how reliable that one is. If it is not reliable, then it is useless. However, if one thinks the DOW is gonna correct, then GE should lead the decline down. It also has that huge gap that begs to be filled.

M


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News