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#1 gannman

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Posted 28 September 2007 - 05:13 PM

just a small change . wave 1 of 5 is still in progress. i believe it will top out monday and we will start wave 2 of 5 along with a wave 3 down in the dow. bottom line is once wave 2 is over there will be a GREAT GREAT GREAT buying op imho fwiw trade at your own risk and all that gann
feeling mellow with the yellow metal


#2 Tor

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Posted 28 September 2007 - 06:35 PM

just a small change . wave 1 of 5 is still in progress. i believe it will top out monday
and we will start wave 2 of 5 along with a wave 3 down in the dow.
bottom line is once wave 2 is over there will be a GREAT GREAT
GREAT buying op imho fwiw trade at your own risk and all that

gann

price action looks toppy here. wave 2 down then 3 up, but how far down wave 2? thanks.
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#3 linrom1

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Posted 28 September 2007 - 10:23 PM

just a small change . wave 1 of 5 is still in progress. i believe it will top out monday
and we will start wave 2 of 5 along with a wave 3 down in the dow.
bottom line is once wave 2 is over there will be a GREAT GREAT
GREAT buying op imho fwiw trade at your own risk and all that

gann

price action looks toppy here. wave 2 down then 3 up, but how far down wave 2? thanks.


Type wave 2 could re-trace the whole move from wave 1. That is why so many mistake it for resumption of the bear market. That's what I remember from Pretcher's book.

#4 gannman

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Posted 29 September 2007 - 07:09 PM

just a small change . wave 1 of 5 is still in progress. i believe it will top out monday
and we will start wave 2 of 5 along with a wave 3 down in the dow.
bottom line is once wave 2 is over there will be a GREAT GREAT
GREAT buying op imho fwiw trade at your own risk and all that

gann

price action looks toppy here. wave 2 down then 3 up, but how far down wave 2? thanks.


Type wave 2 could re-trace the whole move from wave 1. That is why so many mistake it for resumption of the bear market. That's what I remember from Pretcher's book.


i would look for some fib ratio of retrace .38 .5 and .62. hard to say we will just have to watch
it as it unfolds

gann
feeling mellow with the yellow metal