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: cthruu who wrote (167169)	4/26/2008 8:07:59 PM
From: cthruu	Read Replies (2) \| Respond to of 209892

So, if the markets are going to turn down it should be in 1415-1425 zone.

To: cthruu who wrote (167169)	4/26/2008 9:08:48 PM
From: Galirayo	Respond to of 209892

In keeping with the Spirit of Open Mindedness which has been Scarce Recently if not Totally Rare. Genuine Ursine Counts Remain which counters all the Talking Heads doing their best to bash Hard Assets in a Frenzy .. especially this last week. Call me one of "The Contrarians". stockcharts.com This is a "Sea Change" ... if it transpires. Thanks for your charts .. Very Nice. Indeed.

To: cthruu who wrote (167169)	4/26/2008 10:05:01 PM
From: Henry J Costanzo	Respond to of 209892

Hi cthruu...Our counts differ obviously...very substantially, and in many respects.. One specific difference...which I have pointed out to others with a similar count...is your labeling the Oct-Nov decline as a wave 1...I do not believe that wave can be counted as an impulsive 1, since it lacks 5 non-overlapping waves. IMHO that must be labeled a corrective A down..And that, of course, would also vitiate the count of 3 impulsive waves down from Oct into Mar. FYI...Chart I posted a couple of weeks ago: