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: RWS who wrote (16173)	4/13/1998 11:10:00 AM
From: Death Sphincter	Read Replies (2) \| Respond to of 94695

nicely done on the waves..... are you having fun now? are you going to try to be the master and sell at the bottom of this wave, buy calls for the rebound, and load up for the potential 3 of 3??? i might try a few quickies here. good luck carl

To: RWS who wrote (16173)	4/13/1998 11:17:00 AM
From: yard_man	Respond to of 94695

Sub-wave 2 of the third wave down, right now?

To: RWS who wrote (16173)	4/13/1998 11:19:00 AM
From: Bull RidaH	Read Replies (1) \| Respond to of 94695

Absolutely Perfect Description!!

To: RWS who wrote (16173)	4/13/1998 12:09:00 PM
From: ratan lal	Respond to of 94695

RWS Waht waves are you (or David) reffering to in your explanation? Is it the SP8M. And is it the 1-tick, 2-min (I think David reffered to this) or 30-min chart. If 2-min, I show SP8M practicall straight down from this morn and going up around11:42 am est. But your desription talks about being in wave 3 of c. Can you explain or tell us if your chart show something different. ratan

To: RWS who wrote (16173)	4/13/1998 12:23:00 PM
From: jjs_ynot	Read Replies (1) \| Respond to of 94695

To try to paraphrase your response so that I understand it: We are in a Corrective wave from an overall market standpoint intermediate term. We are in the final C wave of the corrective wave (CW). Within CW C there are 5 impulse waves with 1,3,5 being down in the same direction as CW C. Wave 3 of CW C breaks into smaller yet wave structure. These smaller wave structures are what is playing out currently. After Wave 3 finishes there should be Wave 4 of CW C which will be up. The timing of the start of Wave 4 has yet to be determined. Do I understand this correctly? Dave