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.
Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: Shack who wrote (124033)9/14/2005 2:36:24 PM
From: skinowski  Read Replies (2) | Respond to of 209892
 
One man's bullish wedge is another one's right shoulder... -g.

Just goofing... I hear you loud and clear. Let it be what it may. Today's intraday highs are a good stop for S-T shorts.



To: Shack who wrote (124033)9/14/2005 2:58:39 PM
From: skinowski  Respond to of 209892
 
SPY - wiggle quickie.... May be off in details, but this is the overall 10 min "theory".... for the moment.

stockcharts.com[p,a]haclyyay[pb50!b200][vc60][iub14!la12,26,9][J52611132,Y]&listNum=1



To: Shack who wrote (124033)9/14/2005 4:20:23 PM
From: Henry J Costanzo  Read Replies (2) | Respond to of 209892
 
<<The only thing that saves the SPX from a iii of 3 down in the wiggles is as always a bullish wedge off the recent highs. Would need to turn right here.>>

Now after the close, could you enlighten us on how you see that??.

Cuz some of us out here kinda think we're still seeing a nice little bullish wedge......still lurking around up there... in some of the bigger wiggles, at least.....(Which raises the question, btw... just HOW deep into the wiggles have you been looking....???)

And funny, Shack.......if I look only at the daily chart of the S&P, I see a neat little 5 waves up from Aug 30 to Sep 9........corrected by a mild move down to 50d MA support.....Hard to get excited about it..LOL