Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: bobby beara who wrote (38444)	3/15/1999 8:31:00 PM
From: John Pitera	Read Replies (1) of 94695

Here is the brave forecast from one intrepid wave reader.... A slight adjustment, but the move from the March 3rd on SPX has ended or ending right around current levels. For Elliott Wave students, my read is a diagonal 5th on a 60 minute chart appears to be complete. Should that be the case, a sharp , initial drop near 1220 on SPX (9200-9300) on the Dow is imminent. Beyond that, let us see how it unfolds.My preferred long term counts suggest a beginning of a much larger decline from here.

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