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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Slevin who wrote (9207)12/1/1998 4:01:00 PM
From: Chip McVickar  Read Replies (1) | Respond to of 44573
 
Pat:
Got to be hard trying to fit someone elses Ewave work into your own
system...that stuff is filled with overlaying interpretations.

Yes we will go up short term

1151.50 was a turning point that could go either way, but it is eventually
leading to a significant shorting opportunity....that is just arpound the
corner. Plonk believes we are at the closing end of a grand supercycle.
That will produce a remarkable opportunity for shorts and a substantial bear
market. Favors is in there as well as Pitchter (sp)

Hitt got nailed by Greenspan and says essentially the supercycle ending
has been aborted and will not produce the expected 50% decline.

Interesting stuff for market cycle buffs, but the way you trade on
daily patterns it may not be useful...unless you see the "light" and
sell everything.....buy gold to be prepared for the Millenium Crash.
Chip

Lots of caution flags on that thread