Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: AllansAlias who wrote (24249)	10/3/2000 11:32:59 PM
From: Perspective	Read Replies (2) of 436258

My count as well. I don't really get into the nit-picking details of e-wave theory - dismissed it a long time ago along with thresholding on moving averages. Try and place too much reliance on any one thing and you'll get burned. They all make good guides; interesting lenses through which to view the tape. I clearly see, following the Naz blowoff, a wave one down to the May lows, an ABC wave two leading up to the end of August, and - with the failure of the remaining support on Naz - the launch of the deadly wave three thrust to fair value. I agree that the first sub-leg should be nearing completion, although it could very well bounce off the May lows. The wave two up could be vigorous and convincing, so I'm getting prepared mentally for that. But three of three looms, and fair value will once again become important. The thing so many people can't understand is that the fifth wave down will be the killer, because things will become undervalued. Unusual concept. That's also where J6P will redeem his funds - at the bottom as usual. And I'll be running around, gathering the slips of paper like so many discarded Pokemon cards... BC

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