Hi Joe, I am now thinking that we will probably not go below $31.25 and stage a recovery to around $33.45. So it is still too early to become ‘short’ of MSFT. Better to buy dips to 31.25 and add at 29.95/30.00 if it comes off for some reason, because you will still get the 5th wave up.
8 Comments
Dear Ramki,
When are you planning to sell your second book in the market this year? I am planning to buy your both books part I & II.
Best,
Hi Fadi, as I am working full time, the second book is still in conceptual stage, and may take a while!
i have purchased u r book ,and it is really good ,easy to understand bcaz all other books on E W seem like written in a foregin language ,
Hi Nandu, thanks for writing, best of luck.ramki
Hi Ramki,
You think are we on wave 4 corrective A-B-C move and when do you think we can reach bottom of C?
Thanks,
Joe
Hi Joe, I am now thinking that we will probably not go below $31.25 and stage a recovery to around $33.45. So it is still too early to become ‘short’ of MSFT. Better to buy dips to 31.25 and add at 29.95/30.00 if it comes off for some reason, because you will still get the 5th wave up.
Thanks for the analysis. the $33.45 is the 5th wave target after 4th wave correction or 3rd wave extension?
Hi joe, for now let’s call it as 5th wave tgt of an extending third