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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (18492)	6/24/1999 7:02:00 PM
From: dealmakr	Read Replies (1) \| Respond to of 99985

Haim, Here's the July/Aug DJX rundown; quote.cboe.com I didn't see that size at 100. A very interesting trade at any rate. Good Trading Dave

To: Haim R. Branisteanu who wrote (18492)	6/24/1999 7:08:00 PM
From: Benkea	Read Replies (1) \| Respond to of 99985

The Bottom Line We were in the 'c' leg of the final a-b-c from 13:30 yesterday to 12:30 today. The Triple Three pattern we had been tracking now looks as though it is complete. I have always had great faith in this pattern so I have to believe that the market is going up for a while. Elliott Count This is the updated count for the last leg: 10571 - 6/14 - 10:30-----------(i) 10563 - 6/14 - 15:30-----------(ii) 10668 - 6/15 - 11:30-------i 10595 - 6/15 - 15:30-------ii 10763 - 6/16 - 12:30-------iii 10742 - 6/16 - 13:30-------iv 10795 - 6/16 - 14:30-------v---(iii) 10782 - 6/17 - 12:30------------(iv) 10860 - 6/17 - 14:30------------(v)----- or [c] 10827 - 6/18 - 10:30-------end of first a-b-c 10856 - 6/18 - 15:30-------end of first 'x' wave 10732 - 6/22 - 09:30-------end of second a-b-c 10796 - 6/22 - 13:30-------end of second-x' wave. 10644 - 6/23 - 09:30----------(a) 10683 – 6/23 – 13:30----------(b) 10498 – 6/24 – 12:30 ---------(c)------[ii] or [d] The possibility exists that we have just completed the [d] leg of a triangle. Triangles occur in 4th waves and in B waves, so the triangle terminus at [e] could also be B with C – the, much heralded, July decline. To recap: A @ 10860 – 5/27 ---13:30 B @ terminus of the triangle now forming. C @ the end of the, much heralded, July decline. ?? Ç§ boards.fool.com