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Strategies & Market Trends : gem-x's incredibly accurate Elliott Wave forecasts. -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (1894)4/3/2002 7:19:54 AM
From: robert b furman  Read Replies (1) | Respond to of 2290
 
Hi Gem,

Assunming yesterday's action gave us the long awaited E wave down.

Fairly easy to see 5 definite waves within E wave -10 minute chart:
a)gap open down to 1823.60
b)1823.60 up to 1833.08
c)1833.08 down to 1812.59
d)1812.59 up to 18.21.26
e)1821.26 down to the very last closing minute.

Globex futures up all morning:http://www.cme.com/httpwrapper.cfm?wrap=/wrappedpages/delayed_intraday_quotes/10min_globex_flash_quote/gflash.html

So how do we transition to the Great Wave C up??

Most charts I look at suggest we need more time to finish off the oversold condition that has been working for days now.

ABC extension or extensions??

It will take real earnings to get this thing going thru "breakout" ranges.
First Dow stock to report is Alcoa ?? just wondering how the setup will occur??

Any critiques greatly valued!

Bob