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


To: Byram who wrote (19698)6/3/1998 12:53:00 PM
From: Death Sphincter  Read Replies (1) | Respond to of 94695
 
Byram........do you fish?? when I go fishing I know where the vast majority of fish hang out, it is around structure and debris. sure they go cruising sometimes but they always hang out around structure and debris because that is where they can hide and where food for them to eat is hiding, there is a big sign that says
"fish hang out here"

I like Elliott Waves..............in EW there is a place that triangles hang out, it is in the 4th wave, oh sure occasionally they show up somewhere else, but they really like to hang out as a 4th wave......a 4th wave is a retrace or consolidation following a 3rd wave...in this case the 3rd wave was a significant down that ended on May 27th...........4th waves are followed by the 5th wave, which will be down. These 5 waves are all part of a big C wave down that started on May 14th..............................ah triangles, can't live with them, can't live without them......
i love triangles, triangles are my friends, nice little triangles...here triangle triangle triangle...WHACK!

carl