FITB (Fifth Third Bancorp) Message Board

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Non-Tech : FITB (Fifth Third Bancorp)

FITB 41.62

-0.8%

Oct 31 9:30 AM EST

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To: Ross who wrote (48)	8/15/1997 2:45:00 PM
From: Ron Kory	of 68

Ross: If what you refer to as the "mini" 5 wave up is wave 1 to the upside then the current move should be wave 3 and the move from 22-30 completed 3 of the 5 waves up of wave 1 of 3. Somewhere in here should we not be experiencing a powerful wave 3? Certainly if wave 1 was from 17-30 then this wave should carry to a minimum of 35 since if I remember correctly wave 3 cannot be shorter than wave 1 (22 plus 13=35). Thanks for the chart. By the way, I have no amazing ability to analyze these companies. It helps being an investor in a messaging company and having the access to people who live this stuff. All in all it is still better to trade off the technicals--at least for the short term types like myself. Hope you are enjoying the summer. Ron

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