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

To: Stcgg who wrote (57550)	8/1/2000 2:16:22 PM
From: dennis michael patterson	Read Replies (2) \| Respond to of 99985

A quick question on waves and fib., if I may. Can you use fib retracement levels to project the possible length of the waves (i.e., the degree of movement), or is the magnitude of the movement measured in some other way? TIA

To: Stcgg who wrote (57550)	8/1/2000 7:50:45 PM
From: NucTrader	Read Replies (1) \| Respond to of 99985

Using Time Goal Days, where do you see the end of III 2 (c)?

To: Stcgg who wrote (57550)	8/1/2000 8:58:04 PM
From: Stephen M. DeMoss	Read Replies (1) \| Respond to of 99985

ELLIOT WAVE: From what I understand we are in the last stages of the 5th wave. I read that after an up move to near 4400 (which happened two weeks ago: 4300+?) we would see a move down to the 2800 level on the naz. Does everyone agree that is what the Elliot Wave people would predict and then the big question: What happens AFTER the 5th wave. Do the Waves start over with a nice move up? Or does the theory end there?<G> Any input would be much appreciated by you or any of this boards wizzards. Sincerely, Steve DeMoss