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 : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?

To: c_hl who wrote (6369)	6/2/2005 7:22:58 PM
From: wmwmw	Read Replies (1) \| Respond to of 12411

I think GZ meant he first put a big spiral with center at 3/7, then adjust the spiral smaller and smaller, until it fit with the arc that SPX display on the chart. Am I right?

To: c_hl who wrote (6369)	6/2/2005 7:25:12 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 12411

Right, but that's apparently the way it has to be played, but only if we take out the down spiral, I still need convincing... however, if we do, then making these recent prices fit the spiral is no different than using the previous lows to set the spiral wall in the first place... it gives a target in time and in price, and I would have to suspect that we'll see some major turning point at that time... also, by validating the spiral against these recent prices, it provides a good future reference for where prices will most likely find support if they trade into the wall prior to the vertical wall in late June... GZ