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 : TRIPLE TRADES -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (2928)2/23/2023 7:00:42 PM
From: yard_man  Read Replies (1) | Respond to of 4398
 
Bob, yard_man here, but some say I have an uncanny resemblance to a certain ... bull rider ... or was that a bull something else? <g>



To: robert b furman who wrote (2928)3/27/2023 9:58:52 AM
From: Bull RidaH1 Recommendation

Recommended By
yard_man

  Read Replies (3) | Respond to of 4398
 
Time for a DIAMOND update!!

Since the upside breakout on 1/23, we're 44 trading days into this move towards the diamond target, and subsequent reversal. 190 trading days were contained inside the diamond, which yields 95 days as the expected timeframe to see the target met. The break was UP out of this diamond, so unless Walter Von Yardman can rally his henchmen to take out 3800 immediately, I continue to believe the upside target of this diamond at 4840 will be met. With around 51 trading days to go, or 11 weeks, that puts target fulfillment squarely in the mid June timeframe.

Off the October '22 lows, the rally to the target is expected to proceed in a classic Elliott 5 Wave Ending Diagonal format. With wave 2 having just completed, Cheif's epicenter of wave 3 has now begun. We're looking to cover 850 SPX points in 51 trading days, or around 16 average per day. Da Bears will have AMPLE time to hang themselves and obliterate their net worth as this rally marches to the target. They may get a brief reprieve in mid April through month end, but the ones still alive will probably expose their flank during that sharp selloff, and get picked off in the final 6 weeks of this rally starting in May.

You and I will be kicked back, sharpening our harpoons for that golden moment in June, as this once in a lifetime opportunity to earn generational wealth unfolds.