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

To: Bull RidaH who wrote (47542)	5/22/2000 3:58:00 PM
From: Jack of All Trades	Read Replies (1) \| Respond to of 94695

Wait for the next day to find a bottom and take a position?

To: Bull RidaH who wrote (47542)	5/22/2000 4:51:00 PM
From: Death Sphincter	Read Replies (1) \| Respond to of 94695

I'd hammer another spike into a great big Ending Diagonal that has been forming since Oct 8, 1998...maybe even 1997 look at NYSE...see it? how about SPX? NAZ not the same...spike was a wave 3, setting up to finish 4 down (2700-2800's minimum)....5 up will fail as others make new high and finish their diagonal. same view as I have had for over a year. if NAZ does 2800 thing while SP holds lower 1300...then SPX has returned to 'b' of previous abc up to 1550 has an interesting look Naz is in an ending diagonal if it hits 3400 then continues down to lower than today's low oinking