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Technology Stocks : NEXTEL
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To: Ed Pittman who wrote (3477)12/7/1997 9:23:00 PM
From: Ken Benes  Read Replies (2) of 10227
 
Ed:

Strictly from an Elliot Wave perspective, as of this past Friday, I have a confirmation from my Analyser that Wave 2 has in fact been completed, and we are now in Wave 3 of a 5-Intermediate Impulse. As you know wave 3 is the most powerful of the waves, and I have a price projection of 45.7846 with the possibility of a high of 57.67. Since this in an intermediate impulse, the duration of the wave three will be significantly longer than wave 1, which began in April and was completed on Oct. 8, for a six month period. This would indicate that these prices will be attained sometime next summer and confirm a lot of the other analysis that appeared on this thread.

Ken
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