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Strategies & Market Trends : Waiting for the big Kahuna

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To: jef saunders who wrote (25382)8/27/1998 6:13:00 PM
From: bobby beara  Read Replies (2) of 94695
 
the beara spin

iqc.com

Tech bubble NDX secondary peak on 8/19

WAVE 1
8/19 AM @1420 with five waves to
8/21 Mid-day @ 1344.

WAVE 2
ABC correction to
8/25 mid-day @1400

WAVE 3
Wave three was the bottom today and now we are in . . .

WAVE 4
correction wave 4.

WAVE 5 kahuna should be tomorrow or Monday depending on the length of wave 4.

This is a NO-BRAINER. Anybody that is buying the dip after the S&P has so valiantly tried to stay above the 200 dma AND Failed miserably is an utter and GREATER fool. Worldwide markets will follow suit tonight and tomorrow a flood of margin calls will hit the tech weenie dipsters.

bwdik,
bb
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