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


To: Gary Burton who wrote (34209)11/25/1999 8:11:00 PM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
Gary, i don't actually subscribe to the strict rules of elliot, too many patterns just don't fit, but as a general guide it can be used and when you get a real clean count it's kind of like sex -g-

I think this post may have been posted here also, but i just read it carefully today.

Message 12088932

This is some major throwing in the towel - MAJOR.

A lot of emotion in the market at the top of a parabolic - aaay!

bb



To: Gary Burton who wrote (34209)11/25/1999 10:38:00 PM
From: bobby beara  Respond to of 99985
 
timely.com

Gary, here is a wave count for you to ponder, from looking a closing line ndx charts and the 60 min. chart of csco, i believe that we completed wave 3 up from the october lows on monday morning and now are in wave 5, we could be in five of five or wave 3 of 3 of 5.

Regardless i believe we are in the ninth inning. We are sitting on the top of the narrow parallel channel from the breakout, a big rally tomorrow going into monday will pop us out of the channel which i believe will set-up the exhaustion top out of this channel.

If im right i'll be puffin on my marlboro by mid week -g-

bb