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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: P.Prazeres who wrote (41356)	7/4/1999 7:20:00 AM
From: Jack Clarke	Read Replies (1) \| Respond to of 94695

Paulo: I've heard the wave theorists talk of the 5th wave over and over and over and over again... Yes, I've been subscribing to Mr. Prechter's very interesting publication for some years now. I've seen that "fifth wave top" (with an overrun or throwover exceeding the channel) a number of times since he called a top about DOW 3800. Keeps on making sense. Keeps on being wrong. Why do I keep on subscribing? I like the cultural comments about the bull market. Interesting. By the way, the spelling is Fibonacci. Jack

To: P.Prazeres who wrote (41356)	7/4/1999 9:29:00 AM
From: GROUND ZERO™	Read Replies (3) \| Respond to of 94695

You said it!!! But, just for the record, Fibonacci was just a mathematician......<g> that having been said, I use his calculations like clockwork and the application of his calculations to the markets are perfect, remarkably precise... the problem is not with Fibonacci, but those who don't understand how to apply his work and his amazing observations..... it's nothing complicated, a child can apply it when they know how.....<g> My Best Regards. GZ