InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,482.87
(
0.09%
)
US TECH 100
19,304.80
(
0.47%
)
Dow Jones
39,164.06
(
0.09%
)
Brent Oil
85.52
(
0.12%
)
Bitcoin
61,863.53
(
0.41%
)
Post# of 2827
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

northam43

Send PM Follow Ignore
Followers 94
Posts 19072
Boards Moderated 1
Alias Born 08/22/2005

northam43

Re: NASARAVI post# 2767

Thursday, 05/20/2010 8:22:31 AM

Thursday, May 20, 2010 8:22:31 AM

Post# of 2827
I believe you pretty much got it. But don't leave the Daily out. The Daily may tell us how deep this correction is going to be. I thought by now that we would get a Daily Phase II and then back down. So since that hasn't happened yet, I expect this is going to be a long Daily cycle. The record for the Daily cycle Phase I is 26 trading days that was Sept 23rd, 2008 to October 28, 2008. That was during a bear market and if you look at the weekly during that time. It was nasty.

JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."


Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up