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Strategies & Market Trends : gem-x's incredibly accurate Elliott Wave forecasts.

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To: Rich1 who wrote (1713)	1/10/2002 9:52:15 AM
From: Moominoid	Read Replies (1) of 2290

Now this whole thing has to be a wave 4 including the high yesterday which has to be a B wave somehow. We now have 5 waves down from that top so this is an expanding flat. Now it seems that last Friday's action was a 4 and truncated 5 of the wave 3 of 3 of 3. We are now completing wave 4 of 3 of 3 and 5 is still to go I think. This just goes to show how there are various alternate counts until they are proved wrong. That's why I used to think e-wave useless. The use seems to be that we know this trend is continuing and this isn't the end (I think) but we could get that conclusion using monthly stochastics or the like too. David

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