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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: dennis michael patterson who wrote (28932)9/4/2000 10:48:57 PM
From: Peace  Read Replies (1) of 42787
 
DMP,

Thanks. I also wanted to add that in ewave terms the outlook is very bullish. I believe that the NDX ended an ABC correction in to the May lows. We had wave 1 up in to July and then wave 2 correction in to the recent lows of August. We are now in wave 3 which generally tends to be the longest (Keep in mind that Wave 1 was nearly 1200 NDX points). Another interpretation which I was thinking of earlier was that we actually had an ABCDE correction from the March top in to the August low and are now in wave 1 up. However, I am not an ewave expert and I believe that this interpretation violates the strict rules of ewave. Either way it looks bullish for the long term.

Peace
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