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 : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?


To: skinowski who wrote (1273)4/3/2003 6:49:28 AM
From: the-phoenix  Read Replies (2) | Respond to of 41531
 
By labeling yesterday's ramp the iii of 1 or a, he is essentially saying that the new impulse wave started with Tuesday's Jello (the 'i' and 'ii' of 1/a). Does that make sense for how a 3 or 5 of C is supposed to look? I thought this was supposed to be the most powerful stage of an impulse wave, but his count says it started with goo.

Also, by labeling Tuesday morning's high as the 'i', he has given himself plenty of room to avoid any chance of a 'iv' overlapping 'i', here. So we could completely fill yesterday's monster gap and his count would still be valid.

Just trying to learn, here, and decide if there is anything really useful in E-Wave for wiggle traders like me. The rules seem so loose that any count can be valid in wiggle-time.