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 : Harmonic Trading with The Phoenix -- Ignore unavailable to you. Want to Upgrade?


To: John Madarasz who wrote (443)4/1/2003 9:14:46 PM
From: the-phoenix  Read Replies (1) | Respond to of 941
 
MO made a nice Butterfly Top from May 01 to June 02 which is still resolving, but I don't see any harmonic patterns in the selloff since last June.



To: John Madarasz who wrote (443)4/1/2003 9:36:54 PM
From: the-phoenix  Respond to of 941
 
Actually, now I can see an extended Butterfly, or "Crab" pattern completing in the 26-26.71 zone. It would have a 2.0XA, a 3.0BC and a 2.24AB=CD. The X would be the October low of 35.40. That coincides very nicely with the big .786 retrace of the 2000-2002 rally at 26.36.

This is actually a very harmonic stock.