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: The Freep who wrote (170285)8/5/2008 1:07:45 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
Right you are, Freep....but not sure they can be B waves ???......Also, Elliott triangles are supposed to be "prolonged affairs"...and this move hardly "prolonged"...Dunno where that leaves us....maybe, whatever its wiggles, just a 2 flat in progress on the daily chart....OR with my TA hat on, say it's looking very much like a bullish pennant here...LOL

In any event, key here is ability to break above the small DT line from the 7/23 high...and post-FOMC action might give us a clue on that...???



To: The Freep who wrote (170285)8/5/2008 2:41:50 PM
From: Galirayo  Read Replies (1) | Respond to of 209892
 
That's what I thought about Triangles as well Freep .. and I've been looking for that Triangle to form for a while now ... Post from July 30th .. to follow suit with the QQQQ / NDX Triangle. I'm still viewing it as a 4.

Formations sometimes come in Groups.

Message 24806694