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: alburk who wrote (122574)	8/2/2005 7:14:48 PM
From: Moominoid	Read Replies (1) \| Respond to of 209892

And the ED is the fifth wave up in the sequence. Maybe some time these things will actually do what they are meant to do :P

To: alburk who wrote (122574)	8/2/2005 7:16:48 PM
From: skinowski	Respond to of 209892

Nice. An ED on the daily/hourly trying to complete a large ED on the weekly. If you haven't seen it, take a look at my little collection which I've been showing here Ad Nauseam. The post is old, but the charts are "live".' Message 21532861

To: alburk who wrote (122574)	8/2/2005 7:26:43 PM
From: Moominoid	Respond to of 209892

And the ED is the fifth wave up in the sequence. Maybe some time these things will actually do what they are meant to do :P That nice pattern there is one reason I don't buy the big ED scenario as then this wave should have 3 waves from the April low and not 5. I have a couple of scenarios for labelling this chart but they are both a bit weird. In both cases the Jan 05 top is the top of wave 5 from the 2002 lows. Then either: A- a-b-c or A-a So either we are looking at a completed B-Wave or just at A of B. rpi.edu Based on the internal wave count of the wave into the April bottom which seems to have 5 non-overlapping waves the alternative count (in red) doesn't seem very likely. The blue lines are Shack's ED count.