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 (35640)	12/24/1998 10:05:00 AM
From: Death Sphincter	Read Replies (2) of 94695

David....earlier in the month i was looking at the move up from the Oct low as having entered a 5th wave extension starting Oct 28th....the decline low on Dec 14th overlapped into the supposed 1st wave of this 'extended 5th' read screwing it up............ i now believe the 3rd extended.... from Oct low to Oct 12th...wave 1 Oct 12th to Nov 27th ...wave 3 (5 full waves) decline to Dec 14th was....wave 4 wave 5 since......and it appears to be at its end i like it so much that i am reentering short positions and still anticipate a return to -8000 DOW carl

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