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 (138279)	11/6/2006 12:04:55 PM
From: Galirayo	Respond to of 209892

That congestion held well. ;) Message 22972841

To: Henry J Costanzo who wrote (138279)	11/7/2006 11:30:26 AM
From: Moominoid	Read Replies (2) \| Respond to of 209892

"v of 5 of V" That sounds bearish but I'm sure it isn't. I've almost stopped trying to count and just do what my model says.... Also starting to trade Australian Dollars actively rather than just passively.

To: Henry J Costanzo who wrote (138279)	11/7/2006 3:12:28 PM
From: skinowski	Read Replies (2) \| Respond to of 209892

Major indices so far look like three-wavers counting from Friday's low. INDU reached new highs, others didn't. The induces are quite likely setting up for the 5th... One problem I have (with your target) is that any way I look, the 1st on SPX is longer than the putative 3rd... which would call for the 5th (if and when it happens) to be rather small. But then, of course, the entire run since Friday may prove to be only the 1st of a larger advance.