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To: Lucretius who wrote (23431)4/6/2000 8:44:00 AM
From: pater tenebrarum  Read Replies (1) | Respond to of 42523
 
it probably was...

all: European tech indices advanced between 12-17% today. in one trading day! that's a melt-up, and it's faster than the melt-down preceding it.

we have therefore to get prepared for a wave 5 up in the NAZ to a marginal new high (the recent correction having been wave 4, a sharp after the wave 2 flat consolidation in '99).

there are two alternative wave counts: the one presented by D. Sheth (i posted it yesterday) and D. Bensimon's, which counts the correction as a wave 4.

anyway, expect a monster rally at today's open.