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MVIS 0.795

-1.9%

11:15 AM EST

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To: Chip McVickar who wrote (6047)	10/15/2001 5:34:00 PM
From: j42231	Read Replies (1) of 8150

Chip--my thoughts....... Wave two's usually retrace deeply--but they don't have to. Also there does not appear to be alternation in the corrective waves in the rally thus far--suggesting the possibility of subdividing one's and two's. However I think that the count given in the chart you linked to is the more likely one--we are in a wave 4 of some degree--and need another wave up to complete. Evidence that we may not have completed wave four is also seen in the chart I have linked with the 5/35 MACD--one of my favorites. It has not yet dropped below the zeroline--allowing the further possibility that we are still only in wave 4 of extended three: charts-d.quote.com:443/968982955280?User=demo&Pswd=demo&DataType=GIF&Symbol=CME:$INDU&Interval=65&Ht=400&Wd=800&Display=2&Study=MACD&Param1=5&Param2=35&Param3=5&FontSize=10&BgColor=0.255.0&TBgColor=0.255.0 Although the current moon is dark--it will soon be harvest bright. Rooty-toot-toot for the moon : ) Joanne

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