TheColdVolTruth
Well-Known Member
- Joined
- Oct 23, 2013
- Messages
- 1,752
- Likes
- 1,603
What’s the wave theory bottom for SnP?For you folks who are familiar with the Elliot Wave Theory and the Fibonacci Ratio or Retracement, the bottom should settle at around 20,750-20,765 for the Dow. That's another 1,300 points or so. These are based on charts of past peaks and valleys of the Dow. Probably take until the end of the month or so. Then, it should take off again.
Well, no...we've still probably got lower to go purely from the economic effects of the virus.That won't calm the hysteria for long. It has to run its course.
I call 16,000-18,000 Just a hunch.For you folks who are familiar with the Elliot Wave Theory and the Fibonacci Ratio or Retracement, the bottom should settle at around 20,750-20,765 for the Dow. That's another 1,300 points or so. These are based on charts of past peaks and valleys of the Dow. Probably take until the end of the month or so. Then, it should take off again.
If I ever get a terminal condition I’m gonna booby trap my work shop, Cobra, and my boat. The next mf-er isn’t gonna just get handed over my toys. Guns will go to the nephews before I expire.There's always a next guy. That's why I'm leaving my boat and guns to my son. Next guy can play with the wife but not with my toys.
If I ever get a terminal condition I’m gonna booby trap my work shop, Cobra, and my boat. The next mf-er isn’t gonna just get handed over my toys. Guns will go to the nephews before I expire.