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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 (19541)	5/31/1998 1:05:00 PM
From: Temple Williams	Respond to of 94695

Hi Lisa: <<I went to your site It looks like you are showing around 1000 as the low on this wave...is that correct?>> Yes and no. I always have two counts ... a preferred and an alternate ... and they are not necessarily opposing views of the market. They are "most likely" and "next most likely" roadmaps to the short term (a few days). I learned a long time ago to listen to the market instead of myself. And this is basically what I try to teach people. It's what the site is all about. The Preferred Count has a potential low of 1000 Cash SPX. The 2nd most likely scenario (Alternate) has probably seen something close to the bottom for a while. The trade setups I set for myself (the night before) reflect this thinking. One of my subscribers explained what I do as a sort of forced, market neutrality going into the trading day. Sounds OK to me. It takes me between 6 and 10 hours every night to arrive at my counts and the strategies that develop from those counts. I start at the 2-min bars and cycle my way up through the 6-min, the 18-min, the 50-min, the 2.5-hour, the daily, the weekly and the monthly. I trade using the 2-min and 6-min bars as roadmaps, using simple setups to get me into the trade. EWave (or stops) usually get me out of a trade. I day trade and position trade. Spoos only, although my stuff works with options and the OEX and Doos, too. Long-winded answer to your question. Sorry. Short answer ... my current Preferred could take us to 1000 Cash SPX before the rocket ride north. It would do it (if it does it) in the next 4-6 weeks. Temple skansearch.com