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Strategies & Market Trends : Longer-Term Market Trends -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (1632)8/13/2008 10:41:15 AM
From: chris714  Read Replies (1) | Respond to of 3209
 
Thanks for checking in Allan. Your disciplined approach is bound to reap rewards while minimizing drawdowns.

I bought on the basis of what I perceived to be an "extreme oversold" condition....a little bit more of a gambling approach...if my $HUI bets pay off there will be some luck involved.

This is truly a great board...I need some discipline and good TA and basic mathematics to reign me in at times.

Chris



To: AllansAlias who wrote (1632)10/15/2008 6:18:01 PM
From: NOW  Respond to of 3209
 
if this wave down is a grande wave 2 down, what is the most common retrace: to which prior wave?



To: AllansAlias who wrote (1632)10/19/2008 5:28:35 PM
From: NOW  Respond to of 3209
 
WEll we hit pretty close to A=200% x C basis HUI here this week, but no clear evidence that his down in over.
stockcharts.com seems to
support the idea that we have seen 3 0f 5 of C and will now have a 4 up.


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