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: Moominoid who wrote (142377)	3/14/2007 10:00:52 PM
From: Henry J Costanzo	Read Replies (1) \| Respond to of 209892

Am I right, David, that your model applies only to NDX..??...TIA

To: Moominoid who wrote (142377)	3/15/2007 3:06:00 AM
From: The Freep	Read Replies (1) \| Respond to of 209892

Thanks, David. I wasn't asking so much about using stops or trading by it, as I would assume those are other safeguards. I'm just curious about how individual events impact it. As for being all short still, there's nothing that says we blast up anoterh 20 SPX points tomorrow, for example or that a gap up can' be sold or or or. There are still bearish interpretations after today's action, seemingly bullish as it all was. It was more trying to see if past such turnarounds have "messed up" the indicator soup, so to speak. As for me... I keep looking at the move into the lows as 5 waves, so I figure there's two likely calls: that was the C down of B of the ABC off the March 5th lows (which, if A=C will really only get us back to the highs of 1761 NDX (or not that far away) OR it was 1 of C down OR it was the whole C. Since these are three totally different paths, I currently am ignoring my ewave takes :-)