John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: John Pitera who wrote (5526)	2/8/2002 6:38:17 AM
From: Moominoid	Read Replies (1) of 33421

I just took a look at the Nikkei chart with my new E-Wave knowledge. This is what it looks like: Wave A down from 1989 to mid 1992. Wave B to mid 1996 Now in Wave C - Wave 1 goes to the beginning of 1999 and then there is the wave 2 rally till early 2000. Then possibly wave 1 of 3 goes till early 2001. then wave 3 of 3 down to Sep 01 and we are now in 4 of 3.... So that means probably we could see a fall to say 7500 a rally back to 10000 or whatever (wave 4 of C) and then the final crash - wave 5 of C to 5000 or whatever. It might take them 4 years to complete that at the rate they go.... David

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