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

To: Bull RidaH who wrote (32892)	11/2/1998 1:08:00 AM
From: Death Sphincter	Read Replies (1) \| Respond to of 94695

Gravy..........regardless of the 'bigger count' ......it certainly looks like an ABC corrective wave from Sept to Now is about to terminate.........and this coming down wave should be very tradeable..... it would appear to be nearly impossible for this current up wave to be the beginning of a new Primary.... therefore, i see 3 possiblities................ 1. your preferred read.......possibly a hallucination, but anything is possible, hey, there was a picher in the Majors that hit 2 grandslams in one game 2. the C wave down conspiracy 3. more abc action between 900's - 1100's; big trading range while market tries to figure out what the hell is happening let it start with a nice stiff 5er down and let the excitement begin carl

To: Bull RidaH who wrote (32892)	11/3/1998 9:10:00 AM
From: j g cordes	Read Replies (1) \| Respond to of 94695

Hi David or anyone into discussing this divergence of opinion. Every once in a while I compare some of the many indicators and projections. As we're all in this together looking for which direction the wind blows next what do these now contrary opinions indicate other than being contrary. This view would seem to parallel views of an immenent market top: skansearch.com (click on Daily) On the other hand another site enthusiasticly posted, the "Market Crash Index": wwfn.com is now showing a reading of +6 from +4 indicating little chance of a significant downturn in the next two weeks. Indeed, they say "When the Crash Index then reaches a +6, it is then safe to start picking up long positions again, and is time to reduce the number of short trades in our portfolio." Jim