Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (18122)	5/7/1998 4:09:00 PM
From: bobby beara	Read Replies (1) \| Respond to of 94695

So I missed the bottom by one day - shoot me -g- Pete really now, BK is not a myth, or a good fast food sandwich -g- iqc.com Todays period was a 4th wave consolidation and now we are entering a downward 5th wave spike should come to rest in the 8900-8960 area, by tomorrow morning. Here is the fooler in E-wave. 5th wave spikes of 3rd waves (which is what I got fooled on yesterday) often are misread for 5th wave spikes. This is why we were so bearish from July thru the end of last year. Third waves are recognition waves. Unfortunately for bears, we recognize 5th wave spikes on the third wave as a topping indicator and proceed to lose our behinds trying to short a wavy gravy market, especially if we are not good market timers. I noticed a similar bearish bent on this thread as we entered this fourth wave series that began in early April. Everybody was screaming to buy puts, reminded me of Bill's beep call back last summer. Deju vu all over again. We go up from here folks. Time to honor your beara contract and capitulate for the final scream to the top. Got to remove all the short and put interest by May 28th, so we can end this thing for ARIK and BILL -g- Yes it will be tears (ARIK knows), pray a lot bwdik, bobby b