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Re: looking at the ndx - trading plan for the next 5 weeks


  • To: nrnf <metastock@xxxxxxxxxxxxx
  • Subject: Re: looking at the ndx - trading plan for the next 5 weeks
  • From: Song Fox <songyun@xxxxxxx>
  • Date: Sun, 17 Dec 2000 09:39:06 -0800
  • In-reply-to: <000901c067a9$d03f09a0$a9de41c2@xxxxxxxxxx>

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Please accept my apology,  my view must have
been incorrect.
Bud
nrnf wrote:
 You are wrong, if you do the
counts, wave [i] has a -28% size, and wave [iii], -30%.
<blockquote 
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----- Mensagem original -----

<div 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">De:
Song Fox

Para: nrnf

Enviado: Sábado, 16 de Dezembro
de 2000 22:30

Assunto: Re: looking at the ndx -
trading plan for the next 5 weeks
 Ref. after Wave 2.  The [1] and [3] do
not look right. [3] should be longer (larger) that [1].....
Wave count is like catching smoke.
Bud
nrnf wrote:

Hi all  
looking at the ndx, we are probably at wave [v]:C. The most probable end
for this wave is between 2124 and 2273(the intersection between the rectangle
in the gif file).We are probably at the end of wave i:[v]. So, the idea
is to try to identify the top of wave ii to go short on this market.This
should happend between the 26 and the 28. If any correction go higher than
a 76% retracement of wave i, or extendsin time for more than the 28, than
this count is probably wrong. good trading,
nrnf.