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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: hotlinktuna who wrote (119714)4/13/2000 11:48:00 AM
From: Stcgg   of 119973
 
Tuna.. Party's Over, Last One Out Shut Out the Lights!

Elliott Wave View of the Dung & Dow Indices..

The Naz is officially in a Bear Market, it took a clear 5 waves down from it's peak.. Imminent reversal indicated once the index reaches 3525.44, if this support area is violated, it will fall to next support area of 3000-3150.. Upon any rally, look for resistance @ 4049.55, should this resistance area be violated, exit the bearish stance..

The Dow has been failing each rally attempt, wave 2 correction up was completed yesturday, today begins a violent wave 3 decline in this index.. Look for support at 10518-10575, if violated, lower support at 10285-10375 will be tested.. Should the Dow violate 10375, look for 9732..

Note the Gann 40Wk Cycle Lows hit April-May timeframe!

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