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

To: ViperChick Secret Agent 006.9 who wrote (16910)	4/20/1998 11:17:00 AM
From: bobby beara	Read Replies (1) \| Respond to of 94695

Lisa, I'm comparing spike peak volume to the dip buying volume, not overall volume trend. Since I've been following gold closely, I've notice big volume increase at turning points (bulls and bears trading frantically -can't make up their minds). In gold the selling volume has decreased as you get farther along in the reversal trend. I'm also watching SEEK on an elliot basis and feel that it needs to make one more spike down before it's corrected that 100% short term move. It's a dangerous stock to play with but I've always like to play with fire -ggg-, maybe someday I won't get burned -ggg- iqc.com Carl if your out there, I've changed my wave count. We are in corrective wave 4 of 1 this morning, if we rebound positive into the close that would be wave 5 of 1 (which started at 8768). Tommorrow corrective wave 2. Then possible wave three starting on Wednesday or Thursday. Wave 1 off the mini crash lows to Dec 8th was about a 1000 points. IF 1 = 5 peak should be 9768. bwdik, bb