Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Henry J Costanzo who wrote (116310)	4/10/2005 11:32:44 AM
From: illyia	Read Replies (1) \| Respond to of 209892

Yes, MC, that is what I am hoping for as well. I bought muchos May DJX puts at the top of the small C and LOVE the potential downside. But Mr. Market is tricky and that lower channel line is a big psychological hurdle, so I expect a bounce. I also have learned to not argue with pivot lines, and that one is holding very well into this move. But I love M3's chart, and hope it's true while watching for the B wave triangle possibilies (with C down for an ending diagonal) all the same. Of course, that would make this an ABC correction and then up. Just a thought, feedback appreciated. Am I missing something here? i edit: I should also point out the USD and XAU are sporting funky triangles of their own... that indicate unusual moves, or trend changes of some sort. stockcharts.com[e,a]dhclynay[d19980128,20051231][pb50!b200][iub14!la12,26,9!li14,3!lo14][J8908630,Y]&pref=G Don't know why XAU triangle is off a bit... that is also unusual: stockcharts.com[e,a]dhclynay[df][pb50!b200!f][iub14!la12,26,9!li14,3!lo14!ll14][J9665325,Y]&pref=G This one might do better: stockcharts.com[r,a]whclyyay[d19900101,20051231][p][vc60][iub14!ua12,26,9!li14,3!ll14][J20271512,Y]&pref=G Portends something. i.