Ok,if you want to know the stratagy,I need three people to just post yes.Then I know you want to see it.
Best Stratagy Ever!!!
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I would have thought that was $$$Mr. Market$$$'s, but that's just me.
Bat apparantly thare is nane.
Regards,
KarelMy Investopedia portfolio
(You need to have a (free) Investopedia or Facebook login, sorry!)
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stratagy
Ok,this system is called Elliott Wave.You can look it up,it's not mine ya know.
It consists of waves(up and downs).There's a 1 up,a 50% 2 retracement,3,38% retracement for 4,and 5.(1,3,5 go above 2,4).Then a A down,50-61 % B,Then C.(a,b,c should be 61% of 1,2,3,4,5.There's more than just that,but that's the basics.We are:www.freewebs.com\elliottwavegroup
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I see. I think spikefader is the resident Elliot Wave genius here. Do you use it yourself?Originally posted by stockman09 View PostOk,this system is called Elliott Wave.You can look it up,it's not mine ya know.
It consists of waves(up and downs).There's a 1 up,a 50% 2 retracement,3,38% retracement for 4,and 5.(1,3,5 go above 2,4).Then a A down,50-61 % B,Then C.(a,b,c should be 61% of 1,2,3,4,5.There's more than just that,but that's the basics.
Regards,
Karel
PS: it is spelled strategyMy Investopedia portfolio
(You need to have a (free) Investopedia or Facebook login, sorry!)
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I count BK this way....but I use a bit of "fuzzy" counting along with EW...currently I see a 2 down off the C at $28.53. Using Friday's close you'd be risking 12.7% if you use that C as your stop...I'd maybe wait for a further pullback and a bit lower risk to see if that C holds as support... Good LuckOriginally posted by stockman09 View PostI like BK for a buy on the daily.It's having a 3 up.Here it is.
hagsLast edited by hags; 05-10-2009, 09:45 PM.
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