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Well, Infernal, goal dern it, why you all got a read, why tomorrow will be a
volatile day? :)
What kinda probability promise do you get on your infernal intrails....I
thought for a minute being an Elk you might
be just upset about all this Wolf howling, 'specially since winter is settin
in..
My internal infernals, are saying a pretty good chance of a higher high,
better than 80% and only a 1:3 chance of
a lower low. My read is that the high in the EMini, on average won't rise
above the Friday high. But I think that
the market could move up here..since there a good chance that there is a 5:6
chance for a higher close.
But woa,, that 1:6 down could be a real downer.
Hope you don't mind me being folksy.. Could you all show us what a good wolf
wave might look like?
Best regards..
PolarKat
----- Original Message -----
From: "Infernal Elk" <infernalelk@xxxxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, October 08, 2001 11:41 PM
Subject: Re: [RT] Wolfe Waves
>
> these are not classic "wolfe-waves". real wolfe-waves occur in
> expanding patterns (andrews (of andrews pitchfork fame) called them
> "expanding pivot formations"). i am not sure if professor andrews
> predates bill wolfe, but its my understanding that the pattern was
> originally identified by gartley in the 1930s & that bill wolfe is a
> good marketer.
>
> in any case tomorrow promises to be a volatile day, but not because
> these formations are "wolfe-waves".
>
> - *lk
>
> >> Potentially Volatile Day tomorrow.
> >> Today was an inside day and coiling.
> >> 2 Symmetrical Wolfe Waves are apparent ( I only labeled 1) with a 30pt
reso=
> >> lution by 1:00 PM ET.
> >> 30 points are not hard to hit given the current state of affairs.
> >> Steve
>
>
>
>
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