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Strategies & Market Trends : Waiting for the big Kahuna

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To: ratan lal who wrote (16487)4/15/1998 12:13:00 PM
From: RWS  Read Replies (2) of 94695
 
This morning action looks like wave 3 topped, and the start of wave 4 with a little 3 wave dip making up A of an ABC corrective wave 4, which seems to be ending wave B now. After C down then wave 5 up to complete big wave C from Monday's low. Wave 5 may subdivide into 5 waves, although sometimes ending fifth waves are truncated as well as sometimes extended.

RWS
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