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

To: Bull RidaH who wrote (35640)	12/24/1998 12:08:00 AM
From: Vitas	Read Replies (3) \| Respond to of 94695

David, an interesting thing to examine here is the McClellan oscillator and summation, ratio adjusted, comparing now to January, 1991. In both cases the summation went up from approx -1500 to +250 then and +400 a few weeks ago, then rolled over for a bit. The oscillator itself topped out at +80 then and now, then a double top, went to zero, bounced, then went below zero to approx -60, and has started rallying. decisionpoint.com decisionpoint.com DAAQITYNL, Vitas

To: Bull RidaH who wrote (35640)	12/24/1998 10:05:00 AM
From: Death Sphincter	Read Replies (2) \| Respond to of 94695

David....earlier in the month i was looking at the move up from the Oct low as having entered a 5th wave extension starting Oct 28th....the decline low on Dec 14th overlapped into the supposed 1st wave of this 'extended 5th' read screwing it up............ i now believe the 3rd extended.... from Oct low to Oct 12th...wave 1 Oct 12th to Nov 27th ...wave 3 (5 full waves) decline to Dec 14th was....wave 4 wave 5 since......and it appears to be at its end i like it so much that i am reentering short positions and still anticipate a return to -8000 DOW carl