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To: Jerry in Omaha who wrote (1022)11/12/1998 9:46:00 AM
From: Henry Volquardsen  Read Replies (2) | Respond to of 3536
 
No bear bait needed Jerard. I've been traveling a lot lately and hadn't had a chance to check in on SI for a while. It will take a bit to get back in the flow. I will try and take a look at that article later.

Henry



To: Jerry in Omaha who wrote (1022)11/12/1998 2:03:00 PM
From: Chip McVickar  Respond to of 3536
 
Hello Jerard,

That's a lot of type to let me know I'm about to get knocked off....
Scheeeesch and I've never fooled around....outside of my wife.

Jerard I get the drift of your story and you maybe correct.
There is a lot more debt piled up waiting to be uncovered and plenty
of angry wives.

Here is two more links on the bear side of the game.

Message 6358688
Here's David Plonks EWave call for the next few weeks
Taken off the Big Kahuna Thread
#reply-6352883
To: carl hittle
From:David Plonk
Monday, Nov 9 1998 9:08PM
Reply #33385 of 33567

Carlatagne,
Scratch that count in the last private post i wrote you... This one works better and avoids the problem of Cycle wave 1 not meeting the 20% retracement requirement,
and is even closer to your preferred long term count. Would you review, criticize,
and compare with your own preferred?

'66-'82 was a wave 4 supercycle correction
8/82-8/87- Cycle Wave 1 of Supercycle 5
8/87-5/88- Cycle Wave 2
5/88-10/89- Primary Wave 1 of Cycle Wave 3
10/89-10/90-Primary Wave 2
10/90-1/92- Primary Wave 3
1/92-10/92-Primary wave 4
10/92-1/94-Primary wave 5 [END OF CYCLE Wave 3]
1/94-12/94-Cycle Wave 4
12/94-5/96-Primary wave 1 of Cycle 5
5/96-7/96- Primary wave 2
7/96-1/97- Intmdt. 1 of Primary wave 3
1/97-4/97- Intmdt. 2
4/97-8/97- Intmdt. 3
8/97-11/97-Intmdt. 4
11/97-7/20/98-Intmdt. 5 [END OF Primary 3]
7/20/98-present- Primary 4

So when this primary 4 corrective ends, we'll have the grand finale up in a primary 5 starburst that will complete the 5th Cycle wave. Primary 1 of Cycle 5 was roughly 270 SPX points, so we could see something similar in the primary 5 rally (although it wouldn't be much larger than the month long rally we've just experienced, now would it? This read solves the problems you had spotted in the prior long term count i submitted to the thread, that being I had the period from 7/96 to 1/97 labeled as Primary 3 of Cycle 5, which would mean it was shorter than both 1 & 5, a real no-no.

Unless you or someone else can find a flaw which has slipped by me, I will assume it is correct, and thus expect this Primary Wave 4 Correction we're in to complete before the end of December. I now have "A" of this primary 4 correction running from 7/20-9/10, and "B" running from 9/10-present, with a of B from 9/10-9/28, b of B from 9/28-10/9, and c of B from 10/9-present. Within this c of B, I have us in wave 4 of 5. wave 4 of 5 should complete tomorrow (with more downward action, then we have a 5 of 5 rally into the latter part of the week that could take us to the 1145-1155 area SPX (9000-9100 Dow).

After the completion of this rally, which will complete wave B of Primary 4, we will begin wave C of Primary 4, which can inflict alot of damage or not, depending on the fed, earnings warnings, worldwide equity markets, etc. A move back down to the October lows would seem well within reach

This selloff should be followed by Primary 5 of Cycle Wave 5, a several month and very steep rally that could take the market back to the all time highs by the end of the first quarter next year. It should measure 2000+ Dow points if it equals its primary 1 counterpart. But a 5th wave failure/truncation should be watched for considering the state of our world. Once this 5th wave rally completes, then we're ready for the '29 style crash, and then some!!
Regards,
David