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Non-Tech : Raptor's Den

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To: velociraptor_ who wrote (7897)	2/13/2003 11:35:15 PM
From: JRI	Read Replies (1) of 10157

V- Whadda make of (possible) 5 waves of 1 complete at this morning's low (1315 to 1261), since we are starting 2 of 5, and 3 of 5 begin either tomorrow or Tuesday- delta-hedging cave-in... We complete the 5 waves down during last week of Feb....low around 1190-1200....not coincidentally, war starts that week (bombing), and we get a corrective rally for 7-10 trading days...it could be big enough to correct down from 1512, but I am starting to think it will be a lesser corrective, only correction down from 1315... After that early, possibly mid-March- we get reemed into May...the 3 of the bigger down...bust the lows, etc.. This is my general timetable at this point, although the last count (off 1315) may be off, admittedly

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