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Strategies & Market Trends : Waiting for the big Kahuna

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To: Bull RidaH who wrote (47455)5/16/2000 12:36:00 PM
From: Death Sphincter  Read Replies (1) of 94695
 
incidently...the SP from 5/5 high down to 5/10 low I was tracking as an ending diagonal. One point where I firmly disagree with Prechter is his contention that the 5th of an ending diagonal is NEVER longer than the 3rd. I don't believe in his absolutes and have made ending diagonals my
"major" in wave voodoo 101, I almost always see 'spike' 5's
that briefly thrust thru the trend of the diagonal. I am also starting to believe that there are diagonal 1's???? God Forbid, what blasphemy. I'll keep that one that one to myself.

Pagan
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