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To: maceng2 who wrote (5802)	7/25/2000 6:43:26 PM
From: AllansAlias	Read Replies (1) \| Respond to of 436258

Pearly, Nobody who hangs out here is smart enough to answer the wave question. Heinz is the only avid waver here I think. BTW, you might want to take that reference to "buying Dell in 1998" out of your profile. I think it may get to 1998 prices sooner than you think. VBG Cheers --Allan

To: maceng2 who wrote (5802)	7/25/2000 9:08:41 PM
From: pater tenebrarum	Respond to of 436258

Pearly, yep, i now and then read his updates. currently the wavers are concentrating a lot of their efforts on the Nasdaq, presumably because it presents the 'cleanest' easiest to count picture. even so, opinions on where we are differ widely. the biggest problem is of course that both the bullish and bearish wave counts can remain valid after sizeable moves in either direction, due to fibo retracement levels sometimes going very far. however, if a wave 3 or C down begins, it should be easy to recognize on broad participation and the frenzied pace of selling alone. what exactly do you mean by dollars in circulation? actually printed paper? that amounts to some $600 bn. as far as i know. more importantly, foreign claims in the form of USD denominated debt amount to some $2,7 trillion now...growing by over $1 bn. per day, including weekends. the US have the house, the rest of the world holds the mortgage...