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

To: Death Sphincter who wrote (16516)	4/15/1998 1:32:00 PM
From: ratan lal	Respond to of 94695

carl You might be right about your wave analysis. $ strong to flat against currencies today. Earnings coming in (percieved) good Indexes now look poised to zoom up. ratan

To: Death Sphincter who wrote (16516)	4/15/1998 2:02:00 PM
From: RWS	Respond to of 94695

Carl, Why the hell did you put me on the spot, and you didn't answer my question about the silver haired silver hoarder. Just kidding. Your count is similar to David's and is of course possible, but waves A and B are so small. I prefer impulse starting at the October low with 1 ending at the top of either early Dec or early Jan and 2 ending at the low in Jan. That leaves April 6th as the termination of either 1) the whole bull market or 2) of wave 3 of V or iii of 3 of V. In either case that leaves me in the up wave B of an ABC wave iv or 4 correction. By the way my understanding of EW rules is that in a flat ABC the B wave can go all the way back to the start of the A wave before C commences, which gives a potential SPX target of 1131 for B I think. I just have this image of Warren shouting 10,000!! 10,000!! while buying up silver and silver mines - nice real estate probably get a better return than condos. RWS