wave 5 to come?!!!!!!!!!!!!!
if so will be exciting!!
down move could
Started by
Tor
, Jun 08 2007 01:27 PM
3 replies to this topic
#1
Posted 08 June 2007 - 01:27 PM
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#2
Posted 08 June 2007 - 01:44 PM
Wave 4 designed to scare the ----- out of everyone?
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#3
Posted 08 June 2007 - 01:47 PM
wave 5 to come?!!!!!!!!!!!!!
if so will be exciting!!
IMHO - Yup, that's how I count it from the March lows. Although I see one index that has a completed 5 count ($MID).
History always repeats . . . only the details change.
#4
Posted 08 June 2007 - 02:03 PM
Wave 4s often create bear flags (fresh new low points) on breadth indicators such as the 1 day a/d line, the MCOs, and even the Summation indexes. The caveat here is that wave 4 might not be concluded yet, despite some new bear flags within the recent past.
http://stockcharts.com/c-sc/sc?s=$NYM...&r=5611.png
http://stockcharts.com/c-sc/sc?s=$NYM...&r=5611.png