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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion

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To: Risky Business who wrote (13714)2/8/1999 9:06:00 PM
From: Mac  Read Replies (1) of 13949
 
My guess is that you won't hear Wall Street hyping Y2K stocks. It runs
counter to keeping money in conventional stocks. Hyping Y2K it could cause market panic. The mass media will take care of this for us. The charts in the y2k sector are aligning for an advance that should start shortly. By wave theory I see a A wave of the 2 wave correction for both COGIF & SPNSF. COGIF has a very clearly defined
ABC correction with 1.618 support at 29.50 on the Canadian chart.This would give us a 50% correction if one were to start the 1 wave @$17 Canadian. I think this chart is starting to make sense to me. According to wave theory, approx. the same amount of time should pass from $17 to $42 to complete the 2 wave, indicating we still have a B wave up and another C wave down before commencing the beloved 3 WAVE. Input welcome.
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