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Strategies & Market Trends : Waiting for the big Kahuna
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To: Bull RidaH who wrote (24360)8/15/1998 9:09:00 PM
From: Investor2  Read Replies (2) of 94695
 
RE: "The Magic #'s are 1012SPX ,8004 Dow & 495 OEX."

So, this will be the bottom of big Wave A down from the top?

Re: "From these levels (1012/8004/495), I expect a 50% retracement back to the highs ... This will target 1101.50 SPX, 8685 Dow & 538 OEX for the relief rally, which should complete by early September."

Will that be Wave B up from 1012 SPX?

Thanks,

I2
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