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


To: Investor2 who wrote (35723)12/28/1998 4:51:00 PM
From: Bull RidaH  Read Replies (1) | Respond to of 94695
 
I2,

The wave scale is as follows (From Largest to Smallest):

Grand Supercycle
Supercycle
Cycle
Primary
Intermediate
Minor
Minute
Minuette
Subminuette

Those were the degree waves Ralph Nelson Elliott was capable of seeing when he assigned the names. I believe there are a couple of layers visible under Subminuette with a 1 minute chart.

As for where I think minute wave 5 may end, 14 or 1500 at a minimum, with 2000 a best case possibility.

2000 by 2000? Could that be our mantra by summertime? <g>

Regards,

David