SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (2293)3/1/1998 7:58:00 PM
From: bobby beara  Read Replies (2) | Respond to of 5676
 
Here is an interesting prospective wave count for the DOW to contrast with Plonks'
End of Wave 3----8/6/97
Wave 4--- a-b-c corrective - August lows - October 8th - October 27th
Wave 5 begins October 28th in 5 wave sequence:
Wave 1--10/28 to 12/8/97
Wave 2--12/8/97 to 1/13/98 corrective
Wave 3--1/13/98 to 3/12/98 powerful 3rd wave up move.
Wave 4-- 3/12/98 to 4/17/98 flag formation consolidation
Wave 5-- 4/17/98 to 5/28/98 Vertical spike to a V peak

IF wave one of five was about a 1000 point move (on a opening/closing basis) and IF wave one equals wave five then after the consolidation correction wave 4 we should have 1000 points to the peak, from the wave 4 correcton. bwdik

I think we get one blast up in the Dow this week to 8700-8900 from the fund money and a consolidation phase into April and a correction in the DAQ. bwdik