Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Bull RidaH who wrote (34806)	12/2/1998 3:54:00 PM
From: Death Sphincter	Read Replies (1) of 94695

David....i wouldn't agree with that...Prechter has been referring to futures as 'leveraged' for 20 years and the S&P cash as non leveraged if there are NOT ABSOLUTES to follow, then EW is almost meaningless, and you can make up any count you want...kind of like being only a little pregnant the DOW is down to 2 choices, the decline started or a 5th of 5th ending diagonal....the S&P is not as well defined either way, DOW has to have up wave from todays low...as either wave 2 of decline or beginning of zigzag up 5th of 5th diagonal will see carl

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