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 : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: orkrious who wrote (12292)11/9/2002 2:02:54 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 57110
 
Ork,
start here
Message 18186030

and I will be going back and adding links, so don't leave this post for a minute or two.

Message 18186480

Message 18186518

Message 18186556



To: orkrious who wrote (12292)11/9/2002 2:20:59 PM
From: Jorj X Mckie  Respond to of 57110
 
You will notice that I talked about time compression in one of the posts. Things are happening faster in this cycle. The May 2002 top took a little over 3 months to reach bottom in Sept 2001. I make a discretionary call that the cycle was meant to be a little longer, but was accelerated due to 9/11. So I am looking at 3 months *max* to reach a bottom.

To throw a little ewave crap in, *which I am a rank amateur novice at*

Compare the Double top of July/Sept 2000 to the current Double top
stockcharts.com[r,a]dhcaynay[d20000509,20010709][pb50!b200][iub14][J8114423,Y]&listNum=1

Current
stockcharts.com[r,a]dhcaynay[pb50!b200][iub14][J7867136,Y]&listNum=1

I believe that both sport a flat correction in ewave parlance that implies that we have just entered a "5". (pardon my terms and definitions, I haven't quite finished the "Elliot Wave Principle" yet, so my comfort level is low).

Summary:
-Just completed a flat correction and just entering a 5.
-Comparisons made with the May 2001 top which took a little over 3 months to reach a new bottom.
-We seem to be in a compressed cycle
-Therefore, I expect the 5 wave to complete in less than 3 months from the high, which I have pegged as Monday Nov 5.

forgot my target summary post from last week

Message 18186599