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

To: Haim R. Branisteanu who wrote (47564)	4/21/2000 6:54:00 AM
From: AllansAlias	Read Replies (3) \| Respond to of 99985

Good Friday Morning everyone. If the clouds over the Atlantic break, I may get my golf game in this morning. I finally got around to reading Prechter's "Tidal Wave". I am not finished yet, but I have a question or two. Is there a web site devoted to wave count analysis or an SI thread? I realize this is not a precise art, and I am not looking for anyone to tell me exactly where we are in the count, but I would be eager to find out whether or not there was some general consensus among the Elliotites. Thank you. --Allan ps: Finished my first short tranche this week by adding out of the money puts yesterday for CMOS, ORTL, SCH CHRT, CC, and ASDV.

To: Haim R. Branisteanu who wrote (47564)	4/21/2000 8:37:00 AM
From: Crimson Ghost	Read Replies (3) \| Respond to of 99985

Haim: The "what me worry" spinmeisters are going full blast. Elaine Gazarelli saying this is just "a healthy correction" and there will be no recession. Article in Forbes says that yes the NAZ may go down to 2000 -- so what. The only impact they see is be that techies will no longer be able to retire at 42 and may have to wait till 52. Plus some problems at high end businesses catering to the nouveau riche. And that's it. They are absolutely certain AG will be able to quickly fix any additional problems that might develop. Of course the implicit assumption here is the global love affair with the greenback will continue ad infinitum regardless of US monetary policy or trade deficits. No real fear at all.