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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: ratan lal who wrote (15795)	4/8/1998 2:26:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (1) \| Respond to of 94695

" The BIG QUESTION. David expects WAVE 2 to take the market to as high as 1124.70 on June SP. Is that expected today. If yes then will it happen BEFORE SP drops below 1100 or after." i am a bit confused as well BUT my take on the above is.....S&P to 1124.70 today and before 1100.00 AND the objective could be achieved with Globex...which it was more or less... I dont get that 11.6 part....

To: ratan lal who wrote (15795)	4/8/1998 2:34:00 PM
From: Death Sphincter	Read Replies (2) \| Respond to of 94695

and here lies the problem with waves...when to start counting...that is why wave watchers often disagree as to timing, they counted waves differently...i am a wave HACK, Plonk may be a master....my take for what it is worth.....small wave 5 began at 11am it took it down to 1:20pm....what is happening right now COULD be the beginning of big wave 2 which is supposed to be a rally which fails...and then big wave 3 begins.........just my take, as i said i am a hack carl