DrStool Posted February 5, 2003 Report Share Posted February 5, 2003 Not everyone here can watch the tape all day and must trade on the basis of longer time frames. A good guess and a good plan are not necessarily related. Link to comment Share on other sites More sharing options...
Guest Posted February 5, 2003 Report Share Posted February 5, 2003 Anita, let me try a simple explanation. The sub-waves of an Elliott wave are proportional to each other. So, if one of them turns out to be larger than expected (like in this case the retracement is larger), the whole wave is projected further than initially expected. Since the current wave is down, that means even lower targets. If the wave count is correct, of course. Doc's cmaps move up because they project only the level of the nearest turn. As he put it once, unlike Elliott waves, cycles don't try to look behind corners and project the movements three turns in advance. Regards, Vesselin Link to comment Share on other sites More sharing options...
DrStool Posted February 5, 2003 Report Share Posted February 5, 2003 Hindsight is always 20-20. Link to comment Share on other sites More sharing options...
DrStool Posted February 5, 2003 Report Share Posted February 5, 2003 Yeah Elliott targets are based on fib ratios. The bigger the measured move up, the lower the target. Link to comment Share on other sites More sharing options...
GregFokker Posted February 5, 2003 Report Share Posted February 5, 2003 That's the "MSN Messenger" popup that's been making me apoplectic every day. Can't seem to chase it out. Anyone know a fix for this one? Link to comment Share on other sites More sharing options...
DrStool Posted February 5, 2003 Report Share Posted February 5, 2003 A penny saved is a penny earned. Link to comment Share on other sites More sharing options...
DrStool Posted February 5, 2003 Report Share Posted February 5, 2003 Neither borrower nor lender be. Link to comment Share on other sites More sharing options...
MrHanky Posted February 5, 2003 Report Share Posted February 5, 2003 hope we close down 200....people need to be taught a lesson so far we were Link to comment Share on other sites More sharing options...
cyclist Posted February 5, 2003 Report Share Posted February 5, 2003 i use adsubtract for popups www.adsubract.com has it's issues but works pretty well Link to comment Share on other sites More sharing options...
DrStool Posted February 5, 2003 Report Share Posted February 5, 2003 Fire when ready, Gridley. Link to comment Share on other sites More sharing options...
DrStool Posted February 5, 2003 Report Share Posted February 5, 2003 Fire when you see the whites of their highs. Link to comment Share on other sites More sharing options...
PileDriver Posted February 5, 2003 Report Share Posted February 5, 2003 My timeframe is intermediate term. I position trade. I play that timeframe because its the big swings that make the big money for me, not the f-ing borkers. My turdfolio is only moving net 1% against me, sinking quickly as I speak. Six stocks are still down. Ha Ha Link to comment Share on other sites More sharing options...
sweefraapp Posted February 5, 2003 Report Share Posted February 5, 2003 ??the big money was not in the individual fluctuations but in the main movements ? that is, not in reading the tape but in sizing up the entire market and its trend.? ? Jesse Lauriston Livermore ROL (Rollins Inc. - NYSE) has maxed out itself. Link to comment Share on other sites More sharing options...
depends Posted February 5, 2003 Report Share Posted February 5, 2003 Shorting PBG here. Low risk . . . I think. Link to comment Share on other sites More sharing options...
GregFokker Posted February 5, 2003 Report Share Posted February 5, 2003 TRINQ .20, TICK.NQ -334. Not looking strong. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.