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


To: SE who wrote (16225)4/13/1998 3:12:00 PM
From: RWS  Respond to of 94695
 
I honestly don't know when wave 3 down started. It was either a) at Thursday's high, or b) at last night's high in SPF, or c) at the open today. I do know we have a full impulse wave down today ending at 1100 or so on cash SPX. We are in a corrective wave which should flesh out an ABC updownup pattern. If it goes over 1111 cash or 1124 futures, which I believe are the highs since Thursday, then a recount of the vote will be required.

RWS