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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (7875)3/18/2003 9:24:23 AM
From: Peace  Read Replies (1) | Respond to of 207214
 
I see that u posted he wiggle already while i was typing. <g>



To: GROUND ZERO™ who wrote (7875)3/18/2003 10:40:16 AM
From: Kirk ©  Read Replies (1) | Respond to of 207214
 
Thanks

What is your full definition of a 3 day buy wiggle?

Thanks in advance!

I take it volume doesn't matter as your charts don't have volume?
charts.barchart.com

This chart sure looks like a blast is in the works similar to the blast we got off the October 2002 lows.
stockcharts.com[h,a]dhclyymy[d20020901,20031231][pc20,50!d20,2!f][pc20!c50!i!d20,2!b100!b200!f][vc60][iut!Uo14!La12,26,9!Lh14,3!Lc20]

and this rally actually has the benefit of a double bottom that was also a higher low AND a Fib retrace of the October blast

AND

It has broken the pattern of lower highs since Dec 1st at 1521.

K



To: GROUND ZERO™ who wrote (7875)3/21/2003 3:18:27 PM
From: Chip McVickar  Read Replies (1) | Respond to of 207214
 
Yup a wiggle variation....

Here's a chart on the Nasdaq
Notice the gap closure and the Gann 75 line
Gap closed on the SPX cash as well....

Next week I expect the Nasd price to find the blue-forks median line at 1450 and the chart resistance area 1467. Also there's a Forward Time Projection at for Tuesday next week. So, I expect a push to the median line and then a pause or retreat after wed of next week.

This chart works with the spiral.... the close small one has time going backwards after next week, but the larger one shows there's plenty of time left to go higher.

Lets see if I'm right.....! <smile>

stockcharts.com[h,a]daoannay[dc][pf][j11104060,y]&listNum=8