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Strategies & Market Trends : Waiting for the big Kahuna

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To: Bull RidaH who wrote (16255)4/13/1998 10:20:00 PM
From: Investor2  Read Replies (1) of 94695
 
Re: "The initial one targets the 1045 area on the June S&P, and would be a likely area for Wave 3 down to complete. The final target is set at 1109, and may be a likely area for Wave 5 down to terminate.

Is the 1109 a typo? If not, I don't understand where Wave 5 fits in.

Thanks,

I2
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