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

To: John Pitera who wrote (63972)	12/8/2000 4:52:16 PM
From: Death Sphincter	Read Replies (1) \| Respond to of 99985

ED is the Ending Diagonal... composed of 5 waves, it IS an impulse, but all 5 waves are substructure 'abc'. they happen much more often then many ewavers realize. They are regularly the terminal 5th wave, this looks like a terminal wedge to conventional TA. they also occur regularly as a "C" wave, also looking like a wedge to conventional TA. I have made them my hobby, i see them, in my sleep. i saw hundreds of them in my son's Alphabet cereal this morning... all those damn 'ABCs' and I couldn't identify the trendline, didn't really matter, just sprinkled some sugar on top, put on my rosecolored sunglasses and it all became clear...INTC!!! these Eds result in violent directional change once complete, usually back to their point of beginning. i even believe these things occur in wave 1s..and A waves, though the Gods would never concur C