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Strategies & Market Trends : Waiting for the big Kahuna

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To: Joss who wrote (32192)10/22/1998 5:04:00 PM
From: Death Sphincter  Read Replies (1) of 94695
 
joss...........it would be impossible to explain EW in less than 400 posts.........but for the current situation look at a chart of S&P or DOW............
from Oct. 8 - 12.......wave 1 up
then wave 2 down to Oct 14
the wave 3 up to October 20
then wave 4 down thru this afternoon
now it would appear that we are in wave 5 up thru ???

after that there will be a series of corrective waves down

this is a simple explanation.......the internals are mucho complicated

hope that helps

carl
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