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To: donald sew who wrote (48922)	7/31/1998 9:51:00 AM
From: SE	Read Replies (1) \| Respond to of 58727

donald, That is a very good observation. Maybe that is why David missed the downturn he called in April....the downturn existed, but not to the level or degree of his prediction. This may be an up-turn here as well, but I like you, don't think we will hit DOW 10,700 or whatever his number was. In any event, the EWave stuff is interesting, but I find the targets and the timing to be quite at issue with reality. Sometimes there are extensions and flat waves and this and that. However, it does seem to me that there is some meat behind the study and that it can help to time the market....but I would not wish to have it as my only or even as my main tool. -Scott