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Strategies & Market Trends : Waiting for the big Kahuna

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To: Death Sphincter who wrote (43130)	8/30/1999 8:56:00 AM
From: Arik T.G.	Read Replies (1) of 94695

I hereby submit to your sphincterness' scrutiny the following EW count from the October low: It's an ending diagonal. On my L.T. count the drop 7-10/98 is minor 4 of Intermediate 3, and on the 10/8/98 begins Minor 5. A look at the NYSE composite chart made me cry EURICA! Minute 1 - From 10/8/98 to 1/8/99 ....... A - From 10/8 to 11/27 is an impulse with extended 1 ....... B - From 11/27 to 12/14 is an abc ....... C - From 12/15 to 1/8/99 Minute 2 - From 1/8 to 2/10 is a flat corrective. On the NYSE composite chart it looks much more pronounced and more clearly defined. One can argue it was a complex corrective to 3/3 Minute 3 - From 2/10 to 5/13 (again much clearer on the NYSE) ....... A - From 2/10 to 3/19 ....... B - From 3/19 to 3/24 ....... C - From 3/24 to 5/13 (a series of nested ABCs) Minute 4 - From 5/13 to 5/27, went all the way back to 1/8 level, and was a deep abc zig zag. Minute 5 - From 5/27 to 7/19 ....... A - From 5/27 to 6/22 ....... B - From 6/22 to 6/24 ....... C - From 6/24 to 7/16 Thus ended Minor 5 of Intermediate 3 of Primary 5 of Cycle 5. Intermediate 2 was the flat correction from 1-12/94. From 7/19 to 8/10 is minute 1 of Minor A of Intermediate 4. Minute 2 from 8/10 to 8/25 is a clear ABC. We are on Minute 3 of Minor A of a deep Intermediate 4. A good time for a crash, probably on Minuette 3 of Minute 3 coming this Friday to a brokerage near you. Your comments, oh stinky one, will be valued. ATG

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