I felt this was a great question to ask, yet for some bizarre reason no one here answers: hmmmmmmmm
http://www.traders-t...howtopic=137684
If we are in a wave 3 of 3 then this is a resilient, robust, rocket market, which will decimate the bears. I have never seen such unprecedented monetary easing, and money now going from the bonds to the stocks.
How far does a wave 3 extend? I would have thought 1.6x the wave 1 move
How long do Wave 3's last?
Started by
fluid
, Feb 06 2012 04:13 PM
2 replies to this topic
#2
securelstmile
-
- Banned
- 2,603 posts
Member
Posted 07 February 2012 - 06:38 AM
I felt this was a great question to ask, yet for some bizarre reason no one here answers: hmmmmmmmm
http://www.traders-t...howtopic=137684
If we are in a wave 3 of 3 then this is a resilient, robust, rocket market, which will decimate the bears. I have never seen such unprecedented monetary easing, and money now going from the bonds to the stocks.
How far does a wave 3 extend? I would have thought 1.6x the wave 1 move
Excellent question. I have found this handy little guide useful.
http://www.tradingfi...-wave-guide.htm
The harder I work, the luckier I get.
#3
fib_1618
-
- Traders-Talk User
- 10,145 posts
Member
Posted 07 February 2012 - 10:19 AM
It all depends on the degree of trend.How far does a wave 3 extend?
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
Technical Watch Subscriptions
