Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: bobby beara who wrote (16826)	4/18/1998 4:50:00 PM
From: Death Sphincter	Read Replies (2) of 94695

Bobby are you serious about 5 of 5 of 5? once again,,i am not a wave-a-holic. i merely try to follow along to try to confirm short term trends...however, i have had another conversation with a more serious wave junkie friend of mine, and i suggested the following......looking at the DOW chart(S&P has been lagging) ... wave 3 ended on March 25...the action we have been seeing has been wave 4...a quick ABC with C ending on April 8th. since then we have started wave 5 and are in the 1st wave of 5.......my friend thought the time period was a little too quick for the whole ABC 4th, but who knows about this crap? now IF, IF, we were in the 1st wave of 5, then the bullish move right now could take us higher to the completion of wave 1 as earnings season continues. After the street plays out the earnings and they digest the not so tremendously bullish data...the profit taking begins, here comes the correction, and this plays out as the ABC corrective wave 2......then with all the money sitting on the sideline pours in to buy the dip we begin the big wave 3 up that gets us back into the 9000's in the summer(around earnings time?) then another profit taking pull back after earnings? wave 4 corrective? then 5 of 5 making the run to 10,000 going into fall..... then the shit hits the fan .GOD AM I CLAIRVOYANT OR WHAT as i dance around my room and slamdunk the Coke can into the trash R-O-O-O-A-A-R!!!!!!!! BANG! Peter Lynch has hired a sniper and he blows my brains out cause they don't want to play that game. carl

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