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2008 and Weinstein Stage 2

Chart Forum » Trading - Systems » 2008 and Weinstein Stage 2

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coyotte
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Username: coyotte

Post Number: 390
Registered: 12-2002

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Saturday, December 22, 2007 - 12:30 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



With the scenario in mind of the Indexs reaching but failing to take out their recent Highs and then a revisit to the Aug Lows and then into Consolidation .

I thought it may be timely to post up this KISS approach for discussion on what would then be stocks coming out of Weinstein Stage 1 and into the early Stage 2 or a EW3.

Have included a chart of CEY (wky)which is showing it is not infalabel but may be a starting point .


Both the KISS methods below are AFTER a severe correction .


1: Guppy has often talked about the 10/30 weekly X-over in this situation .

2: McLaren continues it on with the 3 Higher Lows approach after the Low seems to be Set.(daily chart).

.










over to U guys/gals


The "Sea of Uncertainty" is defeated by the nimble vessel "Probability", not the unwieldy vessel "Prediction".

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