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Strategies & Market Trends : Waiting for the big Kahuna

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To: Byram who wrote (19570)6/1/1998 11:33:00 AM
From: SE  Read Replies (1) of 94695
 
David says we are in the big 3 down wave and it started on Friday around 10 am. I think maybe we are in the wave 3 down, but it did not start until Friday around 2 pm. If this is correct, we are in the wave 2 of 3, the ABC up wave. Once this ends, and it will end shortly, then we are in 3 of 3 down, the creme de la creme of waves. I see the wave 2 ending on the OEX at about 531 or so, which means 3 of 3 begins any moment.

That is my alternative wave count. I am merely a rookie in a professionals game, so don't take what I say too serious! :)

-Scott
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