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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: bobby beara who wrote (13674)5/12/1999 7:39:00 PM
From: pater tenebrarum  Read Replies (1) of 99985
 
Bobby, i have looked at the charts of some of the leading internet stocks and must say i tend to agree with your wave count. the a-b-c fourth wave correction is pretty obvious, so we should indeed see the beginning of the fifth wave now. query: as far as i know, the size of the first and third waves helps to predict the likely size of the fifth. could you explain? it would be very helpful with regards to determining likely targets if we really see the start of the fifth.

regards,

zooplankton
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