friday trading, page-245

Heremes

It is good that your wave count is working well for a good wave 4 up rally.

Hope this rise in the Dow is not a one off up day.

Unfortunately there is no real stimulus for your expectation of at least 1 50 % range rally but if it happens I dont think me or anybody is going to complain.

We all need this gollom and despair to end.

Could you please answer one technical question?

What are the seetings that you use for the wave count?

Oscillator data points (30,60,90,150 or 300)
Short periods setting and long period setting.

My software uses a standard of 300, 5 and 35 for these.

By changing the data points from the standard 300 to other entries, the wave count changes and the short term targets change.

If you can reveal your practical well working settings, that would be great. Also do you apply these on the daily chart or weekly chart ?

Thanks in advance

Sara