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 : Why the markets will continue higher... -- Ignore unavailable to you. Want to Upgrade?


To: Chip McVickar who wrote (364)1/6/1998 5:19:00 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 745
 
Hi Chip,

On the December lows, yes I used that line plus a smaller wave line and both indicated a turn at that level at that time.

On Gann, this time line is very significant. It begins at the October-November lows in 1929.

The problem with very long term time lines is that it is not as precise, you need to use more immediate indicators so you can hang your hat somewhere.

Are we going lower today?

GZ



To: Chip McVickar who wrote (364)1/6/1998 4:03:00 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 745
 
Hi Chip,

The NAZ failed to reach the midline and is selling off as if it already did. I would be a seller of the NAZ. Can the DOW be far behind?

GZ