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Strategies & Market Trends : The Millennium Crash
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To: bobby beara who wrote (4047)4/5/1999 3:12:00 PM
From: Arik T.G.  Read Replies (2) of 5676
 
>>3/24 was wave 4 of of 5 from the 2/18 low in the bull market stocks and i believe we are completing 5 of 5 from the 94 lows, which may be the 5 since 1974.

In my LT count
Cycle 5 of the Supercycle that began in the Big Depression started in 1974.
Primary 5 of Cycle 5 started in 1991.
Intermediate 3 of Primary 5 started in 12/94.
Minor 5 of Intermediate 3 started in 10/98.
From there you have as many counts as you wish.
I understand that the most popular one is to count the December correction as 2 and the Jan- Feb sideways correction as 4.
A big question is where did the 4 end?

I'd like to present a new ST EW count on the SPX:
The 4 was only 4 days long, ending in the Jan 14th low (that wasn't broken since). From there we started a strongly overlapping ending diagonal 5 as follows:
An ABC 1 to 2/1
2 to 2/10
An ABC 3 to 2/24
4 to 3/3
An ABC 5 , A completed on 3/19, B completed on 3/24, C in progress ending tomorrow in the high 1340s.

We are finally seeing YHOO and AMZN in the process of making new highs.

MSFT will hit $ half Trillion market cap @99 1/16, only $4 away.
Could happen tomorrow.
Along with SPX new high, IIX parabolic ending extended 5 of 5 off the 2/17 low, you may be right- We may have a top in our hands tomorrow.

Tomorrow may well be a very good ST shorting opportunity, with Donald's Class sells joining in for the party. I think he also predicted April 6th as top a couple weeks ago.

BWTFDIK?

Only one thing- It will end in tears.

ATG
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