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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (4074)5/25/2016 5:40:01 PM
From: berniel1 Recommendation

Recommended By
Kirk ©

  Respond to of 26437
 
Don't know anything about elliot. It's funny you should mention it. I did a simple 0.618 % Ratio projection on the dow subtracting the 15,450 low and 18167 high being the top of a 3. Because it appeared to have broke out of flag to the upside. My projection is 19800 for the top of 5.
Bernie



To: Kirk © who wrote (4074)5/25/2016 5:44:53 PM
From: robert b furman  Read Replies (2) | Respond to of 26437
 
Hi Kirk,

There are several E-wavers that have called this "4" an ABC X ABC complex corrective , which also satisfies the rule of alternation.