Trade the Cycles

Friday, August 10, 2007

ACI And AEZ Hit Intermediate Term Cycle Buy Signals

I forgot to mention ACI earlier, which hit an intermediate term cycle buy signal on Wednesday, and, the short term Wave 1 upcycle peaked yesterday, see http://stockcharts.com/charts/gallery.html?aci. The short term Wave 2 downcycle will probably do an Elliott Wave ABC down up down pattern that will be evident on the daily chart.

AEZ is a similar situation, see http://stockcharts.com/charts/gallery.html?aez.

The short term Elliott Wave patterns are almost always discernable on the daily chart, with the intraday/5 day charts (http://finance.yahoo.com/q/ta?s=aci&t=5d&l=off&z=l&q=c&p=&a=m26-12-9%2Cp12%2Cfs%2Cw14&c=) providing finetuning.

None of the stocks I discuss are recommendations, which most of you understand I'm sure. ....... http://www.JoeFRocks.com/ .

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