|
PureBytes Links
Trading Reference Links
|
The 15 minute and 60 minute INDU show price nearing the apex of the
triangle. The 15 min made a fast rise and then an eroding decay into the
close. Some folks see this as a "high" level consolidation meaning an
upward resolution, but the 15 minute looks like a failure in progress.
Tuesday will be interesting for sure.
----- Original Message -----
From: "Don Thompson" <detomps@xxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, October 08, 2001 9:05 PM
Subject: Re: [RT] Wolfe Waves
> 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
> >
> >
> >
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> >
> >
> >
> > Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/
> >
> >
>
>
> To unsubscribe from this group, send an email to:
> realtraders-unsubscribe@xxxxxxxxxxxxxxx
>
>
>
> Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
>
>
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Protect your servers with 128-bit SSL encryption! Grab your copy of VeriSign's FREE guide: "Securing Your Website for business" Get it Now!
http://us.click.yahoo.com/M.WTOC/m1FDAA/cosFAA/zMEolB/TM
---------------------------------------------------------------------~->
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
Attachment:
Description: "INDU1005.GIF"
|