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.
Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?


To: Little Joe who wrote (9927)6/30/2004 7:01:25 AM
From: crustyoldprospector  Respond to of 60900
 
LJ,

I see wavemechnic's charts, and often the target projections from his Gartleys are spot-on.

The way I view them is, as long as the up-move on the right leg continues, the target for the end of the move is the Gartley termination. The odds that the Gartley completes (the odds that the upmove continues) is an entirely different matter.

Right now, I'd say IF the dollar upmove continues, then wavemechanic's Jan05 target of 95.8 will be the likely end of the move. However, if the Gartley fails in the next few weeks, then it's time to pick a new target.

Regards,

crusty