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

To: Arik T.G. who wrote (48217)	8/16/2000 3:24:59 AM
From: Death Sphincter	Read Replies (2) \| Respond to of 94695

my view on the ending diagonal is that the first abc, wave 1,ended in July of 99.....and the 3rd abc, wave 3, ended in March 2000. from your post: ""Correct me if I'm wrong, as I think you count the march top as end of 3 of the ending diagonal. And then again, do you end the 4 on 4/14 or 5/24?"" that is the $57.23 question.....was 4/14 the end of 4? I don't know the answer. If it was the end....then the 5th and final abc SERIES(it will be complex)has started up if not, the we are completing B of 4...and C down will follow(creating a 'flat' looking 4th) observations of ending diagonals in the past has shown to me the following: the 1st wave is often longest, the B of wave 2 returns to the "B" of wave 1(Feb 99)....wave 3 is then shorter than wave 1(confidence/momentum loss)......then wave 4 returns to the area of "B" of 3, which also laps into the top of wave 1 then 5 will be shorter than 3.....it gives you a good target and IF IT HAPPENS, you look like a genius, if it doesn't you have a stop-out target on the upside this is, of course, an optimum looking diagonal...which doesn't always happen....but when it fits thru the first 4 waves then you got to take a heavy shot when you approach the max allowable length for 5...yes?? B.O. Master