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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Gary105 who wrote (3799)5/11/2010 9:24:46 AM
From: robert b furman1 Recommendation  Read Replies (2) | Respond to of 221135
 
Hi gary,

Not sure on timing-always tough.

Wave 2 was 30 days-wave 4 should alternate into a more coplex wave - leaning towards taking more time but not a rule.

Wave 3 should be a fib number of wave 1 - usually 1.00 plus fib number.

Wave 1 lasted 9-10 months so wave 3 should go into 2011?

After wave 3, wave 4 corrects and will be much more volatile
and feature whiplash reversals usually.

Keep in mind -I'm no guru,but I've been ridin the roller coaster for a while and have seen greater students than I understand the variations much better than I.

IT IS ALWAYS EMOTIONAL AND A CHALLENGE.

VERY HELPFUL TO BE ON THIS THREAD - LOOKING FOR INSIGHT FROM THE PROS!

Bob