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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: Runomo™ who wrote (3670)2/23/1999 2:50:00 PM
From: Giraffe  Read Replies (1) | Respond to of 81900
 
>>"Warning: Cycles have not proven them self as a great tools for
investing. They have a tendency to disappear. Use them as guideline
only. Keep in mind The Wave Principle comes first for investment
strategy."<<

And of course even if the cycle effect is there - it doesn't say much about what the specific highs and lows will be.



To: Runomo™ who wrote (3670)2/23/1999 11:03:00 PM
From: Tom Byron  Read Replies (1) | Respond to of 81900
 
runomo: i took a look at that 1st quarter of 1997 period of which you spoke...i would say that the XAU on this weekly chart was more or less going "sideways" rather than down even though we were in the strongest up part of the new cycle....but remember over-all since early 1996 the xau has been in a nasty bear market. so that bearish influence is/was always effecting the overall movement of the xau. all we seem to get in this bear market has been short term "impulse" move up generally followed by weak and downward action afterwards. that my best answer to your 1st question. ......regards the "warning" thingee, that been posted on yauger chart since i first discovered it back in, oh, i say, sep 1995. i wonder if yauger is even aware that the warning is still there...he mostly concentrates on his elliott wave count which are posted on other charts....but i have noticed lately that we has been speaking more of the 38 weeks cycle....me personally, i have not run across any "disappearing" cycles.... let me know if ya see one...:) also i ain't a elliott waver. me a 9 waver...(3 x 3 er)...patterns, waves, price and time....and a little help from some "insights" once in a while....by the way, my call for low 20's for the xau was based on a look at the weekly xau chart a couple of months ago...drew in some channel line from the start of this bear and extended it out to mid-june, my call for the end of the bear...the lower channel line shows a potential low in mid-june of 23 or something like that...haven't looked at that channel lately...expecting the lower channel to be hit since experience says the bottoming of any moves seem to involved tons of emotions...might even break thru the lower channel and hit o'49'er 175....:))))) got to go....(^.^)