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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Roebear who wrote (56722)12/11/1999 1:40:00 PM
From: Gary Burton  Read Replies (1) of 95453
 
ALERT--To all here who may find Elliott Wave an interesting concept ( I find it much more than that, bwdik)--- I just got hold of an excellent recent Elliott report on the Long Term history of the DJIA and where we are likely headed.(even if out by a wave or so, a severe decline is likely in store)... It starts off depicting an idealized 5 wave Elliott count in theory and describes each wave and what to look for--Then it proceeds to describe how the DJIA has been following this script quite well over the last several decades and years and also has lots of interesting charts on how manias end, why we are in a 5th wave etc etc. I would strongly encourage you to read this report and I'd be interested in what you may think. In my humble opinion, I find it sobering to say the least and scary to boot. At the very least, it is thought provoking and contradicts Don Wolanchuk's future view quite compellingly I think---If anyone would like to view this report please email me at "garyburton@home.com" within the next few days and I will forward it to you via a file attachment that you can then open with Acrobat. Otherwise, my say next Wednesday pm I will likely remove it from my inbox and will then be unable to forward it---Who knows, some of you may even become potential believers-now wouldn't that be a surprise (vbg). Cheers
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