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Strategies & Market Trends : gem-x's incredibly accurate Elliott Wave forecasts.
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To: eichler who wrote (475)8/15/2001 1:29:25 AM
From: mishedlo  Read Replies (2) of 2290
 
stockcharts.com[m,a]daclyymy[pc13!c50!c200][vc60][iUk14!Li14,3!Lh14,3]

Bounces getting weaker and weaker and weaker.
Struggling to stay above 50EMA and can not do it.
13EMA about to cross over 50EMA.

I expect a decent bounce off 200EMA when it breaks.
A break of 59 on a closing basis should generate at least another 3 points of down.
Cover at 56, reshort at 50EMA for a huge drop if plan plays out.

M
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