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


To: Bull RidaH who wrote (19281)5/27/1998 8:39:00 PM
From: Death Sphincter  Read Replies (1) | Respond to of 94695
 
David.....we are, once again, in total agreemen (scary, is that 3 times?)........I will watch carefully for any overlaps in Dow, SPX as possible warning signs for trucations....this rally at the end today looks like a simple a of our abc wave 4....now it should be fairly simple as wave 2 was somewhat complex...........which means we should get a "relatively" simple and substantial retracement of ..a... by ..b.. and then a retest up with ..c....... should make for a pretty wild swing over the next few days, don't ya think?

carl



To: Bull RidaH who wrote (19281)5/27/1998 9:06:00 PM
From: ratan lal  Respond to of 94695
 
David

FWIW - my daily and 30-min indicators for SP8M also show this EOD rally fizzling out and market headed lower.

The next major support I see is in the 968 area +/-.

ratan