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To: robert b furman who wrote (74405)3/2/2001 9:27:13 AM
From: Bull RidaH  Read Replies (2) | Respond to of 436258
 
For those brave enough, cycles said sell the high yesterday on a relatively strong 36 day sell. Ewave says the 5th wave down in the 5 wave set that began from 12/11's high (which marked the beginning of wave 3 or C down)is due to begin at any moment, and may have begun from yesterday's late day high, targeting sub 1100 spx. Confirmation that 5 of 3 (or C) is underway will be the break of yesterday's lows. This obviously means we've been in 4 of 3 (an up corrective) since last Friday's lows, with A of 4 into Tuesday's highs, B of 4 into yesterday's lows, and C of 4 into the close. When this C of 4 ends, the music has stopped... Find a chair!

We have cycle buys hitting next Monday & Wednesday, which could dovetail nicely with contract rollover next week. I think they want to crash this thing before they have to roll shorts to June S&P's, so this 5th wave down could be relatively brief but very violent. Got short anything? -g-