Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Jan Robert Wolansky who wrote (2613)	12/22/1998 1:07:00 PM
From: bobby beara	Read Replies (1) \| Respond to of 99985

Jan, in order for that to happen we need to hold above 1193 My wave count on spx from 10/8 lows wave one finished 10/12 wave three finished 11/30 wave five should finish @ 1223 if 1=5 according to John's symetry chart should be 12/24. The weakest crumble first Nikkie is washing out. XAU broke h&s top on 5/26, the day SPX fell out of wave B coil into the 6/15 lows XAU broke rounded top pattern on 7/31, just before the big Amaempoora 300 point down day on Dow 8/4 XAU broke final support on 8/25, prior to crash on 8/31. XAU has now broken rounded double top support @ 65 and projection is to 42. Way too much bullishness for this rally to continue to 1300 SPX. Do you really think market leaders AMZN, AOL, YHOO charts can GET more VERTICAL. Advanced GET don't get it. bb

To: Jan Robert Wolansky who wrote (2613)	12/23/1998 2:59:00 AM
From: Doug R	Read Replies (1) \| Respond to of 99985

Jan, Now I don't truly follow that E-wave stuff but from what I have seen over the last couple years is that every couple months the E-wave stuff has constantly "suggested" a wave 5 top "8 to 10 weeks from now". Is it possible that the time time frame that most E-wavists are using is ever so slightly truncated? And if so, wouldn't wave 3 (I tend to see that we are still in wave 3) still have considerable upside? Doug R