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


To: Bull RidaH who wrote (24519)8/17/1998 2:32:00 PM
From: Philipp  Respond to of 94695
 
Hi David:

Thanks for the explanation. That is what I thought happened this morning, but I am not an EWT expert.

The market seems to be advancing the Clinton relief rally by a day.

Cheers,

Phil



To: Bull RidaH who wrote (24519)8/17/1998 3:05:00 PM
From: Claude Cormier  Respond to of 94695
 
<<Last night's globex selloff obviously marked the end of this 5th wave down that began on Thursday morning. I was expecting it to conclude >>

Can it be possible that wave 5 is just starting now. We completed wave 4 which was a descending triangle from August 7 just a few minutes ago. Now we should see another 500 points down on the Dow.