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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (6292)10/6/2000 6:55:35 PM
From: abstract  Respond to of 65232
 
you are posting too much - check your email



To: Jim Willie CB who wrote (6292)10/6/2000 7:11:41 PM
From: Sully-  Read Replies (3) | Respond to of 65232
 
From Thurs evening - Stcgg on the MDD - Market Direction Discussion thread.

Steve Hochberg's Elliott Wave Scenario -

Steve Hochberg is an Elliott Wave analyst with Elliott Wave International, his view over the coming weeks is as follows -

Expect the Naz to begin an accelerated, cascading drop in a Wave 3 decline to 2500 over the next 2-5 days..

Expect the Dow to reverse sharply higher over the next 1-3 days with resistance at 10985-11018 and 11033-11111.. The next move is expected to be sharp and higher, however the next move could be sharply lower towards support of 10441-10490 and 10334-10385.. Should prices fall below 10334, panic selling would ensue..

The next move for SnP is towards resistance of 1469 then a hard down in a Wave 3 of 3 decline..


elliottwave.com

Message 14524737

oof?

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