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To: AllansAlias who wrote (44196)12/5/2000 9:48:44 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 436258
 
i'm watching the VGY like a hawk. not least because it's one of the easier to count ones, as well as being representative of the average stock, as opposed to the cap weighted distortions that rule elsewhere.

that one looks like it's in 2 of 3 of 3 of 3....

i count it as follows: large degree: from the April '98 top to the Oct. '98 bottom, a clean 5-waver down for wave 1. then the equally clean a-b-c wave 2 which topped in July '99. from there, wave 1 of 3 into the Oct. 99 low (possibly the Feb.00 low was the end of wave 1 of 3) followed by a complex wave 2 the detailed labelling of which i am not certain about, but there are ways in EWT to do that. and beginning of 1 of 3 of 3 from the early Sept. high to the mid Oct. low this year, 1 of 3 of 3 the downturn from the last peak, and now 2 of 3 of 3.

which as it were would be followed by the killer triple 3...

which has now probably become impossible due to this post...every time i point out the VGY and begin labeling it, it promptly proceeds to do something completely different...-g-