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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: shades who wrote (62573)	4/23/2005 11:20:49 AM
From: Moominoid	Read Replies (1) \| Respond to of 74559

"I am still looking for a free elliot wave site but my guess is the elliot waves are gonna support a rising GOOG too as far as technicals." E-Wave is best for stock indices and then commodities and for individual stocks it is speculative especially if they are recent issues like GOOG. But it went up (wave 1) and then flat (wave 2) and now is going up (wave 3) and wave 3 is usually the biggest and can't be the smallest in a standard impulsive wave.... My current scenario is stockmarkets going up and then down worldwide over about a 2 month time frame. The US markets after then might start rising for the next year or two before the next big crash of the long bear market everyone believes in. So I am getting longer over this time frame... The last junk I tried to short was ASKJ and YHOO almost two years ago... I got burned and gave up on trading for a while... Now GOOG isn't junk and has a better P/E than those stocks had then! BTW I am short AAPL. On the technicals that is a much better short. David