Saturday, November 24, 2012 4:15:15 AM
Corrective Waves a,b - Your Boat is sinking !
This Stage begins the "dreaded downtrend " ,
for those that are long this stock.
You can lose all of your profits in this Stage !
"WARNING"
Last chance to get out !!
Finally, after the glorious advance of "Waves 3 and 5", the stock begins to trade sideways again and starts to "churn".
Novice traders are just now getting in!
This stage is very similar to Wave 1.
Buyers and sellers move into equilibrium again and the stock just drifts along.
The stock is "Topping-Out" ! Last chance to Sell !
You want to Sell your stock in "Wave 3 or 5", before if falls below the "highest moving average".
It is now ready to begin the next Wave,
Corrective Waves b,c
"The Dump"
This Stage begins the "dreaded downtrend " ,
for those that are long this stock.
You can lose all of your profits in this Stage !
"WARNING"
Last chance to get out !!
Finally, after the glorious advance of "Waves 3 and 5", the stock begins to trade sideways again and starts to "churn".
Novice traders are just now getting in!
This stage is very similar to Wave 1.
Buyers and sellers move into equilibrium again and the stock just drifts along.
The stock is "Topping-Out" ! Last chance to Sell !
You want to Sell your stock in "Wave 3 or 5", before if falls below the "highest moving average".
It is now ready to begin the next Wave,
Corrective Waves b,c
"The Dump"
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