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#1 gannman

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Posted 12 October 2007 - 05:54 AM

i believe csco has put in a major top. from the oct 02 low i have it completing a abc correction which would mean the start of another 5 wave move down fwiw gann
feeling mellow with the yellow metal


#2 eminimee

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Posted 12 October 2007 - 06:04 AM

I'm not sure about a major top....a test of breakout of a cup with handle formation is certainly possible and that would have to break for signs of a major top being in. ....otherwise I think it will at least hit 42 or higher.

imvho blah blah

http://stockcharts.c...4543&r=9442.png

#3 Woody

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Posted 12 October 2007 - 10:20 AM

i believe csco has put in a major top. from the oct 02 low
i have it completing a abc correction which would mean the start of another
5 wave move down fwiw

gann


Could it be tracing out 5 Waves up meaning that we are in the epicentre of Primary 3?

I love EWave.........

#4 Bob-C

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Posted 12 October 2007 - 11:25 AM

i believe csco has put in a major top. from the oct 02 low
i have it completing a abc correction which would mean the start of another
5 wave move down fwiw

gann

Hi norral, thanks for the heads-up on CSCO. :) IMHO, the CSCO weekly TL chart depicts an ascending-reversal pattern for CSCO:

http://chart.nu/char...02&filter=8.png

Cheers, :)

Bob-C
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.