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Strategies & Market Trends : Waiting for the big Kahuna

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To: P.Prazeres who wrote (41356)7/4/1999 7:20:00 AM
From: Jack Clarke  Read Replies (1) of 94695
 
Paulo:

I've heard the wave theorists talk of the 5th wave over and over and over and over again...

Yes, I've been subscribing to Mr. Prechter's very interesting publication for some years now. I've seen that "fifth wave top" (with an overrun or throwover exceeding the channel) a number of times since he called a top about DOW 3800. Keeps on making sense. Keeps on being wrong. Why do I keep on subscribing? I like the cultural comments about the bull market. Interesting.

By the way, the spelling is Fibonacci.

Jack
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