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Strategies & Market Trends : Waiting for the big Kahuna

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To: Jerry Olson who wrote (38812)3/19/1999 9:59:00 PM
From: bobby beara  Read Replies (2) of 94695
 
Jerry, I don't know if you follow e-wave, but we are putting the finishing touches on a five wave move from the October lows. That means we will correct this move from the 10/8 lows, that correction, i guarantee you won't be a 5% move -g-

And then there are greater wave counts involved that may mean this could be the finishing wave from 1994 or 1990 or 1987 or 1973 or ?

and that would mean we are going to correct these whole moves.

The next bull market will be in short selling -g- and by looking at the recent shrinkage in short interest is a great place for a contrarian to be.

The pro's bought the panic selling masses shares in September and october and now they have distributed them back to JQ public who was nice enought to marke them up for them -g-. Mega stocksplitsville = mega distribution.

The markedown phase is about to begin and the cycle goes round.
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