Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Bull RidaH who wrote (15548)	4/5/1998 8:08:00 PM
From: donald sew	Read Replies (1) \| Respond to of 94695

David, I do not use the wave theories but work on a technical system which focuses mainly on the very short-term. My analysis mainly works on time and not price projections. I am getting different dates. I am seeing the interim top to arrive TUE/WED, with the latest the reversal to start on Friday. What was interesting was when I reverted to the 30 minute chart, I saw a very clear double top formation last Friday, along with other techncal indicators, hinting that we could see a reversal start as early as Monday. The first strong support I see is 8750 on the DOW. Per my system it is hinting that this immediate reversal will not be that strong, and that we will continue up further with the top arriving in MAY, and for the larger reversal to start then. Actually I hope you are correct with a strong pullback now. Seeya

To: Bull RidaH who wrote (15548)	4/5/1998 10:28:00 PM
From: Vitas	Read Replies (1) \| Respond to of 94695

Just to clarify, the Bradley turning point date of April 14 is not my date, it's just a date I observed recently while checking out the referenced site. I have no clue as to how to calculate it. I'd be interested to know how there can be two different turning points calculated, using the same indicator. Is this a calculation that is subjective or objective? Thanks, Vitas