I see 2 450 pt moves that look similar enough to me to qualify as fractals... the move from 1750-2200 and the move from 2000-2450 roughly, they are also roughly equivalent in terms of time... Have any insights as to what you might expect off the present sideways/up move off that last 450 pt impulse?
http://bigcharts.mar...&mocktick=1.gif
Question for Frac Man
Started by
SemiBizz
, Feb 22 2007 04:06 PM
5 replies to this topic
#1
SemiBizz
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Volume Dynamics Specialist
Posted 22 February 2007 - 04:06 PM
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
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Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#2
SemiBizz
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Volume Dynamics Specialist
Posted 22 February 2007 - 04:18 PM
The second thing I notice about this chart is the two roughly equivalent in time and price 300 pt retracements. The third thing I notice is that when Nasdaq launches, it launches off a V bottom. We don't have a V bottom here... are we headed for 300 pt retracement?
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#3
Wallcrawler
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Posted 22 February 2007 - 04:46 PM
I hope you don't mind Semi - but I had a quick question here as well... Frac is your target you mentioned for the DOW short term decline still 12555? - Thnx - WC
$ No more effort is required to aim high in life, or to demand excellence and success than is required to accept failure and poverty. $ ~ Anonomous
#4
Frac_Man
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Hank Wernicki M.A.
Posted 22 February 2007 - 07:03 PM
I would need a line chart Sir
Hank
Yes but it could change ........ a better view may be tomorrow
Hank
I see 2 450 pt moves that look similar enough to me to qualify as fractals... the move from 1750-2200 and the move from 2000-2450 roughly, they are also roughly equivalent in terms of time... Have any insights as to what you might expect off the present sideways/up move off that last 450 pt impulse?
http://bigcharts.mar...&mocktick=1.gif
Yes but it could change ........ a better view may be tomorrow
I hope you don't mind Semi - but I had a quick question here as well... Frac is your target you mentioned for the DOW short term decline still 12555? - Thnx - WC
#5
SemiBizz
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- Traders-Talk User
- 23,208 posts
Volume Dynamics Specialist
Posted 22 February 2007 - 08:01 PM
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#6
Frac_Man
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Hank Wernicki M.A.
Posted 23 February 2007 - 09:09 AM
that particular fractal was posted months ago, I believe on Ike's show ......
Hank
let see if I can find it again
yes sideways to down willl mark the top with the other markets for an IT
Hank
let see if I can find it again
yes sideways to down willl mark the top with the other markets for an IT
I see 2 450 pt moves that look similar enough to me to qualify as fractals... the move from 1750-2200 and the move from 2000-2450 roughly, they are also roughly equivalent in terms of time... Have any insights as to what you might expect off the present sideways/up move off that last 450 pt impulse?
http://bigcharts.mar...&mocktick=1.gif
