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

To: Bull RidaH who wrote (33385)11/10/1998 6:05:00 AM
From: Arik T.G.  Read Replies (1) | Respond to of 94695
 
David,

The supercycle count looks plausible, and explained a lot of the moves since 8/97 that were beyond my comprehension.
With your permission I'll repost this on the MC thread.

The market's ability to overcome the 200dma and the very strong resistance at OEX 520 stunned me and shut me silent, looking for direction. This bubble amazed me once more, and with your count it will probably do so again, since I don't see how can the major indices make new highs in a deteriorating environment (world equity markets, long bond, consumer confidence- all way off their highs).

ATG



To: Bull RidaH who wrote (33385)11/10/1998 3:54:00 PM
From: Claude Cormier  Read Replies (1) | Respond to of 94695
 
How about this count from a friend EWT expert:

Primary 1 - 8/82 to 1/84
Primary 2 - 1/84 to 7/84
Primary 3 - 7/84 to 8/87
Primary 4 - 8/87 to 10/90
Primary 5 - In progress
.....Intermediate 1 - 10/90 to 10/91
.....Intermediate 2 - 10/91 to 12/91
.....Intermediate 3 - 12/91 to 8/97
.....Intermediate 4 - 8/97 to 10/98 or still in progress...
.....Intermediate 5 - Yet to come. Target 9800




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