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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?

To: James Strauss who wrote (6231)	5/31/2000 2:10:00 PM
From: Chisy	Respond to of 13094

Here is one investor's view from RB's WAVC Board: =================== By: tommccarty Reply To: None Wednesday, 31 May 2000 at 1:15 PM EDT Post # of 30189 An "Elliott Wave Theory" look at WAVC-- In October, 1999 WAVC bottomed out a $.75 and began a four month long "impulse wave I" which peaked at $15.84 in February. Since then we have seen a very orderly "A-B-C" correction (wave II) on contracting volume. Now, it appears as though the volume is on the rise once again and the stock is also moving up in convincing style. If this is indeed the beginning of "impulse wave III" it is reasonable to expect it to take the stock up the same percentage as "wave I". If that happens, the target would be $71.25 for the next temporary price high. I'm believing that is exactly where we are going. This is just my opinion, so do your own DD to make investment decisions. Thanks, Tom (