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To: JRI who wrote (9038)8/6/2001 12:45:39 AM
From: Bull RidaH  Respond to of 209892
 
JRI...Blip up early this week, 1220 min, 1240 max, then the fun begins. The blip could be quick, or it could linger like passed gas, but it will be assimilated. -g-

Don't forget the major Bradley Geocentric chart high that lands.... Guess when??.... Tuesday, August 6th, yielding a big daddy sell signal of the 3 day high beginning Monday and ending on Wednesday.

I'll stick with this conservative Naz scenario posted unless 36.5 gives way on the QQQ, which would mean a wave count with much more potential downside is operative... namely that the wave 3 you see beginning from the July 2nd high is still in process, and potential downside would be very interesting.



To: JRI who wrote (9038)8/7/2001 3:10:16 AM
From: Bull RidaH  Read Replies (2) | Respond to of 209892
 
JRI... Here's a close-up view of the s-t Naz count off the April lows.

carolantic.homestead.com

This count still has us in wave 3 of 5, which allows the Naz to stay better synchronized with the SPX through the coming decline.

Here's the same close-up for the SPX:

carolantic.homestead.com

The chart has us in wave 3 of 5 since Thursday's (8/2)a.m. high. It looks to be getting wound up for some serious impulse action(down)in the coming days, which leads me to conclude CSCO's news will be sold big, and other unpleasant surprises are likely to surface in the next 3 day period. Lucretius will soon be able to afford a wife. -g-