hui update
#1
Posted 28 September 2007 - 05:13 PM
#2
Posted 28 September 2007 - 06:35 PM
price action looks toppy here. wave 2 down then 3 up, but how far down wave 2? thanks.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
The future is 90% present and 10% vision.
#3
Posted 28 September 2007 - 10:23 PM
price action looks toppy here. wave 2 down then 3 up, but how far down wave 2? thanks.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
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
Posted 29 September 2007 - 07:09 PM
price action looks toppy here. wave 2 down then 3 up, but how far down wave 2? thanks.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
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