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Pastimes : Ask da_cheif -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (6598)	10/31/2001 8:52:45 AM
From: Chip McVickar	Read Replies (1) \| Respond to of 8150

Thanks David, I'm just in the beginning stages of E-waves..., and they're a formidable barrier. Cannot disagree or agree with anything you've said on ewaves. But I can agree the breaking of the lower trend line is an event. You might be interested in this...? Hitt's Bearish Count.... Quote: "The chart below is the Elliott Wave bearish perspective count of the QQQ Nasdaq-100 tracking stock. Completion of wave 4 of 5 occurred January 31. Wave 5 of 5 as part of a (3) of (5) low completed on April 4. Wave (4) completed on May 22. The drop below the wave (3) low confirms a wave (5) in progress. Wave 5 of 5 to a (5) low may have completed on September 21, subject to a retest currently in progress. (This chart was created by Robert Hitt @astroecon.com.)" Bullish Count: "The chart below is the Elliott Wave bullish perspective count of the QQQ Nasdaq-100 tracking stock. The low made on September 21 would be the culmination of 5 of 5 to a (C) and and (4) low. This perspective will be negated by a drop below the September 21 low. (This chart was created by Robert Hitt @astroecon.com.)" Charts are protected hahnscorner.com