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Strategies & Market Trends : The Millennium Crash

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To: HighTech who wrote (2930)7/15/1998 8:02:00 PM
From: bobby beara  Read Replies (1) of 5676
 
equis.com

Countertrend movements are in 3 segments, trend movements are in 5 segments.

Wave 5 is a completion wave.

If my sequence is correct (e-wave counts are subjective), we are completing the move from the 94 lows in this last up move and we will be correcting this move at it's completion.

One of the confirmations that we are in a final up-leg is that the a/d line is diverging and the market indexes are being propelled by fewer issues.

According to some e-wavers we will correct to strong support @ 7000 and continue the bull run, and others think that we are completing centuries long 5 wave move and we are about to enter a worldwide depression much worse than the 30's, and still others think we are still in a mid bull upleg (wave 3) and will move up for years in advance.

Take your pick!

IMHO, E-wave is valid, the problem is in the interpretation.

bb
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