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

To: Bull RidaH who wrote (21098)	7/3/1998 12:24:00 AM
From: Vitas	Read Replies (1) \| Respond to of 94695

David, "Now...what do you think will happen when the current Cycle wave 5 finishes up later this year, completing the Supercycle that began in 1982, and in all likliehood, the Grand Supercycle that began in 1942..? Will we be at the high water mark for mankind, and a watershed for life as we know it on this planet? " If I were examining a stock, and I saw a breakout of the kind that occurred on the first trading day of 1986 in the markets, I wonder if you would start a supercycle count or even a grand supercycle count from that point, or at least make it a third wave count from 1982, or whatever? Vitas

To: Bull RidaH who wrote (21098)	7/7/1998 9:41:00 AM
From: SE	Read Replies (1) \| Respond to of 94695

This will complete Intermediate 1 up, and we'll be in for an intermediate 2 correction afterwards. Since Intermediate 1 up will have lasted nearly a full month, I expect Intermediate 2 correction to run at least 2 full trading weeks. It's depth is impossible to determine at this point, but if it lives up to typical Intermediate wave 2 corrections, there will be a sharp 30 to 50 S&P point selloff in there somewhere. Well....here we are. Absolutely amazing! Great call and now that we are at the end of Intermediate 1 up. Ready for intermediate 2 correction. Can you now possibly shed some light on the depth of this correction and its starting point? Thanks. -Scott