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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (4605)	6/8/2001 9:10:57 PM
From: JRI	Read Replies (1) of 209892

On the 3...you ARE talking about a 3 of a 3 wave corrective down, right? Implying that once the 5 of a 3 is over, more up..... to follow (likely, definently) a 5 wave up structure that we have yet to define within the alternate scenario (but likely fits)... I am really hoping this thing tops out end of next week, and Softie case is out of the way by then....I've seen to many funky things option ex week to feel comfortable w/big shorting ops next week....but we could have a great set-up by end of next week if everything drifts up this week (but doesn't break previous resistance)....potentially, we could have (by end of next week)...overbought signals again on everything again, end of options ex (post weeks usually bring selling), cycle turn date on Friday, another failure at resistence, many key stocks never getting back to their mid/end of April highs...and hopefully, the e-waves will line up too.... Hope you have time to post this weekend...we've missed you around here...

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