Nice charts, and good to see you posting info. What guidance assures us we are at the top of the wave? If we accept 2.41 as the top of wave 1, are we not looking for 1.618 times 2.41 or around 3.89 as a wave top? I am only asking as I am not a big fractal student.
That is a good question. If you do accept 2.41 as the top of Wave 1, then you would take the length of wave 1 which is 2.36 (2.41 top less the beginning value of .05). The length of 2.36 is then added to the bottom of wave 2 which is 1.27. That gives you a preliminary target of 3.66, which i consider reached with the 3.63 print.
However, if wave 3 is not yet completed and is to be extended, you would take the length of wave 1 of $2.36 and multiply it by 1.618 which totals $3.82. $3.82 would then be one way to estimate the length of wave 3. So to then estimate wave 3's top, add the $3.82 to the bottom of wave 2 of 1.27 to come up with a wave 3 target of $5.09
Last edited by Limit5Bass; 06-26-2013 at 05:33 PM.
Damn, I likey what I heary
What's up BassM, Glad to see your back in the game, seems everyone's MIA lately. It's good to see ya back man, thanks for sharing.
Check this out, this is the Skit!!!
Similarly, data may be provided over the Satellite broadcast that enables Product capabilities associated with consuming content received by IP delivery.
Looks like MACD is trying to converge on the threshold
We are fixing to be the latest and the greatest!!! Imo
Where's all the apps at? Beotches!!!
Last edited by Redcloud; 06-26-2013 at 05:52 PM.
Been checking in but have been busy catching up over the last few days.
The Russell Rebalance this Friday may be interesting especially for SIRI holders. If memory serves correctly we tanked hard back in 2011 on that rebalance day EDIT - or shortly there after - but I don't think we had any issues last year. Could be volatile in either direction.....GLTA
Last edited by denco1; 06-26-2013 at 06:18 PM.
I'm finding some good stuff..... lots of patents that tie DirectTV, Xm satellite radio, and Cd radio Inc. together.
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Last edited by Redcloud; 06-26-2013 at 07:21 PM.
another Apple update for those that don't visit the other forum…..
Thanks Bass. I didn't realize the multiplier was applied to the length. I think I like a wave 3 top of 5.09 even better