15 replies to this topic

[hedgehawk]

I read some posts that say we are in middle of impulse wave 5 up. I also see some posts that say we are in corrective wave B up. Before this week, I was in belief that we were in the 9th inning of wave B up. Now that the market just took off I wonder if we are actually in wave 5 still? Am I the only one who is confused if we are in wave 5 or wave B or is that everyone else is confused as well and just not talking about it.

[da_cheif]

in the early stages of the epicenter of primary wave 3 up......

[Jnavin]

B wave in progress off the late Feb/early March A wave low. C to follow, then an epic 3rd wave up.

[da_cheif]

"c to follow".....that would mean all the way back to 1380 eh......lmao.....we C eh.........the sp 500 is near the upper trendline of its intermediate expanding triangle which u know is a continuation pattern....that trendline is around 1500.....above that its a geyser....... wave b....hotchbergs count......worthless.....the decline into the march low was a classic C wave......off the b wave hi of 2/23

Edited by da_cheif, 20 April 2007 - 09:52 PM.

[Jnavin]

Chief, you're beautiful and I love your work and that's why I hate to see you go with that weak alternate count.

[da_cheif]

show me an A wave that looked like a C wave.....lolol

[LeroyB3]

B wave theory was killed a few weeks ago IMHO. Currently in a v of 3 off of the recent low in March. Best, LB

[hedgehawk]

Hmmm, wow maybe we should do a vote. Does someone know how to set up a poll on which wave we are on?

[LeroyB3]

You have to take time frame into consideration...Da Cheif's count he gave you is a much more long-term wave count then the one I gave you that is two month's old so far. I didn't give my long-term count. Best, LB

[Russ]

"c to follow".....that would mean all the way back to 1380 eh......lmao.....we C eh.........the sp 500 is near the upper trendline of its intermediate expanding triangle which u know is a continuation pattern....that trendline is around 1500.....above that its a geyser....... wave b....hotchbergs count......worthless.....the decline into the march low was a classic C wave......off the b wave hi of 2/23

Any charting wizards out there that could show what da cheif is talking about - including the epicenter of 3 part?