Saturday, November 24, 2012 4:21:24 AM
Corrective Waves b,c - The "Dump"
The Final Stage.
Nobody believes the downtrend!
Everyone still loves this stock.
They think the downtrend is just a "correction".
Wrong!
They hold and hold and hold, hoping it will reverse back up again.
They probably bought at the end of Wave 3 or 5, or during Corrective Waves a,b.
Good chance that the stock will now revisit the lows of the base.
If you held the stock all the way down,
from Waves 3 and 5, into this Corrective Wave a,b,c,
you have lost a large part, if not all of the profits, that you had made from Waves 1,3 and 5.
All of your money, is not totally lost though !
There is a light, at the end of the tunnel !
Every cloud has a silver lining !
The market often times gives you a second chance, to get your money back.
You can begin to re-evaluate and accumulate at the base,
where most new runs begin.
The Final Stage.
Nobody believes the downtrend!
Everyone still loves this stock.
They think the downtrend is just a "correction".
Wrong!
They hold and hold and hold, hoping it will reverse back up again.
They probably bought at the end of Wave 3 or 5, or during Corrective Waves a,b.
Good chance that the stock will now revisit the lows of the base.
If you held the stock all the way down,
from Waves 3 and 5, into this Corrective Wave a,b,c,
you have lost a large part, if not all of the profits, that you had made from Waves 1,3 and 5.
All of your money, is not totally lost though !
There is a light, at the end of the tunnel !
Every cloud has a silver lining !
The market often times gives you a second chance, to get your money back.
You can begin to re-evaluate and accumulate at the base,
where most new runs begin.
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