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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: briskit who wrote (21040)	10/7/2001 9:18:14 PM
From: Secret_Agent_Man	Read Replies (2) \| Respond to of 52237

TRANSLATION of e-wavers german:The NDX reached this week the anvisierte course goal of 1975 points. To be sure this happened are something as an ursprŸnglich assumed, the consequences however last of all same to zŸgiger. For the question is whether already with the Friday step a medium-term trend turning point be performed. These wŸrde a new, gro§en AufwSrtstrend imply so that on middle visibility new Alltimehighs are probable. Long-term EinschStzung: Out of visibility of the Elliottwaves, the waves picture is at least up to the Sommertop of 1997 relatively clear. There nSmlich ended the medium-term wave \|3\|. It is again component of that now already since beginning of the 90-er year running, gro§en wave III. Consequently the long-term AufwSrtstrend is and remains intact. Kopfzerbrechen solely the course climb only three undulating makes up to the Allzeithoch in Ÿber 5.000 punkten. Because it is obvious three hurried, wSre an incorporation into a medium-term correctionswas similar to m and meaningfully. In question kSme then a gro§it Expanded Flat (and/or Flat Irregular Correction), where the three undulating Wave (B) clearly Ÿber the start point of the correction hinausschie§t. Necessarily fŸr such a pattern is however a fŸnfteilige Wave (C), that in this case as well as impulse, and Triangle run can. Ê Until now however the ATH only a three hurried pattern coming from was developed. The NDX should follow this scenario, so mŸsste therefore another gro§e wave D of (C) (until Ÿber 3.000) and a wave E of (C) (until ca. 1.500) in the nSchsten 9-12 months developed become. That contrary to however long-term Signale, that point on an end of the fall, stand. Consequently rŸckt of the Alternativcount more and more into the foreground: At the same time wSre already the gro§e wave III with the Alltimehigh concluded become so that now the \|A\|-\|B\|-\|C is\| movement already one fullestSndige correction wave IV. Unschsn at this scenario are above all two aspects: Ê Rule of age nation: because the wave II verhSltnismSssig was short, the wave IV should form actually a mehrjShriges, complex pattern. With the AbwSrtsbewegung existing until now, this condition is not erfŸllt. Ê WSre that of the NDX already within the gro§en IV, so lSg sharp also on more temporal plain an ungewshnliche VerhSltnismS§igkeit before. For wShrend the I tightly 15 years benstigt has, be terminated that in the rule case clearly lSngere III already after 10 years. Ê Both comments represent however no rule-injury so that out of technical visibility this scenario is was similar neverthelesssto m. The Conclusion of the long-term view is however last of all positive: fŸr speak the majority of the sediments a correction ending soon. Short-term EinschStzung: How already in the Wochenupdates erwShnt, was missing on Thursday last of all only another little AbwSrtsimpuls so that one can the total Move since end January as fullestSndigen impulse abzShlen. Was important that the UnterstŸtzung be not broken through in 1950 signifikant. This condition became erfŸllt with the Intraday-Reversal on Friday. Therefore the prSferierte scenario does not remain clearly exist whereby first at the beginning of the nSchsten week decisively becomes itself, whether the acceptance was correct a trend turning point or. Wellencount: Bekanntermaen did not start with that highly at that 01. September (important: at the 17.Juli, what especially in the Nasdaq Composite is not immediately evident!!) last year the gro§e wave C. It should be fŸnfwellig, what until now also erfŸllt is. With the Zwischenhoch end January started on the Finalmove - the Wave v of C. The condition was that the index at least 2.000 points reaches and this in with an impulse. Both points are now erfŸllt. To be sure yet the proof fŸr is missing a trend turning point even if all requests erfŸllt are. A clear sign fŸr the start of a new formed into a ball noticed given-wSre then, succeeds to increase if it the index into the nSchsten trade day Ÿber 2.430 points. So long this happened always a latent danger does not exist is, that the Wave v extensiert. In this case then a course landslide is until 1.500 points to erwarten. Decisively is the start of the nSchsten trade week: the depth marked on Friday must hold nSmlich in each case so that the index can make again clearly at ground well. The Reversal on Friday gives however hope for a krSftige recovery: Short-term waves analysis: the RŸckgang since the Zwischenhoch on 15 February was concluded last week as a complete impulse. Like you the above-mentioned Kurzfristchart ksnnen take, concerns it at the same time the Wave fŸnf. Alternatively wSre also an end of the Wave three of v conceivably, but first of all all fŸr speaks the bullishe scenario. Like already erwShnt, the Monday and Tuesday of more central importance is: the NDX must develop a clear AufwSrtsimpuls and may fall no longer under 1.950 points! The first minus-course goal in 2.195 points, anschlie§end the resistance 2.430 lies. Strategy: speculative it makes to construct thoroughly sense on current levels Long-positions. NSmlich stands the short-term AufwSrtspotenzial of round 1.000 points 'only' a course risk of 100 points entgegen. In a Positionierung however compelling a stop-lot is do not become should necessary, that under 1.950 place type because in the trap of the Breaks a Sell-Out cannot become until 1.500 ausgeschlossen. Zyklik: that in the last weeks analysis problematic nature of the 36-tage-zyklus 36-tage-zyklus day 36-tage-zyklus cycle neutralized itself with the krSftigen RŸckgang in this week again. For therefore a development gem is was similarS§ sto this Zyklik again m. A depth marked be to be expected been nSmlich fŸr the Friday (and/or Monday) so that until middle MSrz a krSftige recovery becomes yet realistic. (cf. above-mentioned day multitude) Market technology: most indicators yet stand yet on sale. But there is already first little bullische Divergenzen (precursor of a trend turning point). To be sure wSre of pages of the market technology also nSchste week a tendenzieller RŸckgang yet mswas similar, but stands then a correction towards the top again on the order of the day to spStest beginning MSrz. Summary: the Elliottwaves a very good chance fŸr a persistent trendwende. promise. As a medium-term purchase signal however the Break of 2.430 remains to await. Short-term however the Friday step may become no longer lower step because otherwise a Sell-Out follows until 1.500. First KSufe ksnnen now getStigt become - however please berŸcksichtigen you correspondingly narrow stop-lot! Reference: the above-mentioned wallstreet-online.de

To: briskit who wrote (21040)	10/8/2001 2:17:56 AM
From: 1podstock	Respond to of 52237

MikeDouglas..Elliott wave and their followers have been predicting Naz 2500-2800 back when Naz was 1800s and starting its retracement to trace the lows of 1619. I suppose sooner or later they will get a call correct. Not an indictment of that method; it's just that if you're wrong, you're wrong....but given enough time, you could be right. Abby Joseph Cohen has been bullish since Naz was 2300 and then again when it began to go down to retest its lows. She recently put a 1550 target on S&P back in Aug..then just last week or thereabout, changed that to 1240-1400, a wide range. Even a blind squirrel finds a nut; a broken watch is right two times a day.