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


To: bobby beara who wrote (18146)5/7/1998 10:13:00 PM
From: Byram  Read Replies (1) | Respond to of 94695
 
bb
I just hope you R right........
Tell you what - if you R - I'll buy the beer & steaks.......
Byram



To: bobby beara who wrote (18146)5/7/1998 11:03:00 PM
From: Vitas  Read Replies (1) | Respond to of 94695
 
Bobby, I think you are oversimplifying counting the cycle from the
initial peak in the summation index. The key is counting trading days
from the third peak as far as I'm concerned. I know McClellan doesn't
mention that, and he's the expert, but trust me - check it out
for the 87, 92, 94 examples.

Vitas



To: bobby beara who wrote (18146)5/8/1998 9:12:00 AM
From: bearshark  Read Replies (1) | Respond to of 94695
 
bobby: The little H&S on the DJI points to about 8940 as the minimum decline--if I can see straight. This could also be the right side of the head of a bigger H&S. If we rally from here, or a little lower, we could begin a move up to form the right shoulder.

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