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To: AllansAlias who wrote (6316)7/5/2001 3:15:31 PM
From: JRI  Read Replies (1) | Respond to of 209892
 
Let me be a total nerdy here....SORRY NO PICS...

but I am "guess-estimating" that if this current wave counts out to be impulsive, and we are maybe in a 1 down (currently end of 3 of 1?).....that would set us up nicely for the big 3 (of this impulsive down) to begin in that important July 17-21 turn window.....and it should be horrid down...

It follows then.....that maybe we are about to do a 4 of 1 here soon (off of 2084...or maybe a shade higher)...then, the end of the 5 of 1 (early next week/late Friday) gets us a bounce off that upward sloping line off the lows....somewhere around 2050-2060....

End of 1

Then big 2 corrects for a few days (thru end of next week).....challenging, but never getting above 50 day DMA or downward sloping line off highs....dying around 2130-2140

Then, we are set-up for big 17th of July down.......this "scneario" now fits everything I'm tracking in one nice, neat package with few holes (except for no "fake" break of the downward sloping line off high...which may not even be necessary if big short-covering occured between June 15th-July 1st....and maybe on any up during 2 next week)

I can dream, can't I?



To: AllansAlias who wrote (6316)7/5/2001 4:08:46 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
<<I can't wait to see how all those bullish wavers count this mess>>

OK, you asked for it, so here goes: yep, a mess today.....poor Onischka's count torn to bits - at least in the NDX - with pullback filling the gap and violating the top of his 1 wave... This didn't happen - last I saw - with COMPX, but wouldn't be surprised if COMPX doesn't follow and do the same. But, so what? - instead of completing last week a 3 up from June 20 - as Onischka showed -maybe we only completed a little wave i of that 3, and that leaves us lots more to go on the upside as soon as we finish the ii of that 3 that we're now in.

Not to take any more of your time, wanted to say I'm not trying to be cute, or to taunt or bait anybody - least of all anybody with your recent record!..... but think it's useful - and may even help somebody out there - to keep a possible alternative in the back of the head........Thanks for listening.....

EDIT: Just noticed that COMPX filled the June 29 gap and was just a couple of points away from violating Onischka's wave 1....