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

To: pater tenebrarum who wrote (45703)4/12/2000 10:39:00 AM
From: Crimson Ghost  Read Replies (1) | Respond to of 99985
 
No contradiction. We could see Dow 12,000 or so quite soon and turn down from there.



To: pater tenebrarum who wrote (45703)4/12/2000 10:47:00 AM
From: Peace  Read Replies (2) | Respond to of 99985
 
Heinz,

The alternate wave count is that the downturn from 1/14 was wave 4 and the rebound from mid march as wave 5. This count suggests new highs before the next significant correction. I personally favor this scenario BWDIK.


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