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Strategies & Market Trends : Waiting for the big Kahuna

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To: Tom M who wrote (16163)4/13/1998 10:23:00 AM
From: SE  Read Replies (1) of 94695
 
I am anything but an expert, but my read is that we are in Wave 2 yet. We are in C of the ABC move, and if I recall Davids explanation correctly, A and C will typically have 5 sub-waves. My count would be we are now in 3 of 5....meaning another small down wave followed by another up-wave then Wave 2 is finished and Wave 3 starts. How quickly this happens would be David's call, but last I recall he was thinking by 1 pm today or so....I have not recently checked his post so that is from memory.

Anyone else?

-Scott
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