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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?

To: bobby beara who wrote (3967)	3/3/1999 8:34:00 AM
From: Arik T.G.	Respond to of 5676

BB, Re: ST NASDAQ composite wave count To complete the bearish picture your graciousness put up shahar.nets.com:2000/beara.gif Assuming we're on a down trend from the 2/1 high, I count end of 5 waver 1 down same as your bearishness (2/9), but mark the end of 2 on 2/11. The next wave down is 1 of 3 (ended 2/18) and 2 of 3 retraced almost 100% back (2/24). The sell off that started 2/24 marked the beginning of 3 of 3. Moving intraday iqc.com 3/1 morning was end of 1 of 3 of 3, and 3/2 high ended 2 of 3 of 3. Yesterday's sell off started 3 of 3 of 3. My prediction is as follows: 3 of 3 of 3 should take us down quite nicely today and trigger a Class 1 buy on Donald's system. 1 of 3 of 3 of 3 could have ended on yesterday's close or could last 50-80 minutes in the morning. 2 of 3 of 3 of 3 may be the market starting up ATO or correcting after the first hour of trade. Anyway it shouldn't last longer then 90 minutes. Then 3 of 3 of 3 of 3 should last most of the day, maybe till the close. 5 of 3 of 3 of 3 should end tomorrow, and 4 of 3 of 3 should be relatively sharp, considering the flat nature of 2 of 3 of 3. ATG