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To: Perry P. who wrote (67)6/20/2000 11:52:00 AM
From: Peace  Read Replies (1) | Respond to of 2404
 
Hi Perry,

Wave D topped out at 55. Wave E will probably take us down to the 37-40 area. I expect this to happen over the next 2-4 weeks. Volume will probably stay below average. There are other possible wave counts but this is the one with highest probability right now and has been playing out well so far. Wave E will mark the end of the entire correction from the April 99 high. The next wave will take us to new highs. Keep in mind that this is a higher level wave count and waves divide in to subwaves which divide further. Also remember this is only an opinion based on current charts.

Peace



To: Perry P. who wrote (67)6/21/2000 3:41:00 PM
From: Scrapps  Read Replies (1) | Respond to of 2404
 
Guess the ADI release today isn't being understood by the street again...thought we'd see some kind of gain here. Instead the traders are just playing with it.


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