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Strategies & Market Trends : Waiting for the big Kahuna

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To: Claude Cormier who wrote (19824)	6/5/1998 10:10:00 AM
From: Death Sphincter	Read Replies (2) of 94695

Claude....waves are subject to each individuals interpretation, corrections are tough while they are happening and easier to figure as they play out...I'm on a different page than David but in the same chapter.....................all agree that wave 4 started at the low on 5/27..............a (up) of this abc corrective wave ended at 9:45 on 5/29.............b (down) ended on 6/4 at the low right after the open(this was the sharp break down after the triangle)......we are now in the c (up) of the 4th wave. this c should break down into a 5 wave deal....as I write we just completed the 3rd of these 5 waves and should be in 4th now, with 5th to follow...my time frame says it should end about noon..AND THEN we start the final wave down of this current correction............ that is my count for what it is worth. carl

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