Robert Miner www.dynamictraders.com Message Board

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Strategies & Market Trends : Robert Miner www.dynamictraders.com

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To: Craig who wrote (15)	1/6/1999 1:06:00 AM
From: Lenny Rosow	Read Replies (1) of 58

Craig, I have just worked on FLC (R & B Falcon Corp). Here is how I see the wave pattern on a daily chart. I do not have Dynamic trader so I am using AOL Quotes for charts. Unfortunately when I click on a bar they only give the high, low and close for the day with no actual date, (so I will approximate). If you know of a free online charting site that offers the date, open, high, low and close on each bar you click on I would appreciate it. Wave 1 - Begins in mid October 97' @ 42.81 - Ends @ 23.12 in mid March 98' Wave 2 - Ends early May @ 34.12 Wave 3 - Ends early October @ 8.25 Wave 4 - Ends early to mid November @ 16.56 Wave 5 - Ends late December @ 6.75 So here I am again at the end of a wave 5 with no where to go but up but what's my target? How does your wave count compare to mine? I noticed you felt we are at the beginning of the C wave of an ABC pattern. Can you explain? What trend reversal entry would be appropriate in this case/what would be your first target/what would it take to void this "hypothetical" trade. Thanks in advance - Lenny.

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