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To: AllansAlias who wrote (24249)	10/3/2000 9:18:31 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 436258

you may be right...the implications would be awesome.

To: AllansAlias who wrote (24249)	10/3/2000 9:29:21 PM
From: pater tenebrarum	Read Replies (3) \| Respond to of 436258

more on GRANVILLE: first, someone on LW posted this: For those of you who missed it, Joe Granville was a "guest" on the Cavuto show yesterday. I caught it by pure chance while late night channel surfing. So it probably took on an even eerier tint than had I not been in a somnolent state. But it was unusual to say the least. Joe G. is an old codger and last night he had a gleam of craziness in his eye as he totally took Neil aback with a prediction that this October will be the worst ever. And he then unequivocally told the audience to get out of stocks totally and go to T-bills. Cavuto had obviously lost editorial control as Joe further launched into a refutation regarding the rotation into so called value stocks, which has resulted in a stiffening of breadth in the market. Joe G. used the analogy of the Titanic going down,- when the bow went down the stern went up, and everybody ran to the stern. He finished by stating that the same defensive stocks that are surging today (tobacco, utilities and drugs?) were the same ones that surged prior to the 29 crash. To his credit, whether he's right or wrong, Joe G. refused to be badgered or intimidated and said his piece without stint. Cavuto was utterly put off and actually issued a disclaimer on the spot that Joe's opinions were definitely not shared by the majority. End of report. -RR and here's the link to the interview (EDIT: not really a transcript of the entire interview unfortunately): foxmarketwire.com

To: AllansAlias who wrote (24249)	10/3/2000 11:32:59 PM
From: Perspective	Read Replies (2) \| Respond to of 436258

My count as well. I don't really get into the nit-picking details of e-wave theory - dismissed it a long time ago along with thresholding on moving averages. Try and place too much reliance on any one thing and you'll get burned. They all make good guides; interesting lenses through which to view the tape. I clearly see, following the Naz blowoff, a wave one down to the May lows, an ABC wave two leading up to the end of August, and - with the failure of the remaining support on Naz - the launch of the deadly wave three thrust to fair value. I agree that the first sub-leg should be nearing completion, although it could very well bounce off the May lows. The wave two up could be vigorous and convincing, so I'm getting prepared mentally for that. But three of three looms, and fair value will once again become important. The thing so many people can't understand is that the fifth wave down will be the killer, because things will become undervalued. Unusual concept. That's also where J6P will redeem his funds - at the bottom as usual. And I'll be running around, gathering the slips of paper like so many discarded Pokemon cards... BC