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

To: Bull RidaH who wrote (37996)	3/6/1999 5:18:00 PM
From: Jerry Olson	Read Replies (2) \| Respond to of 94695

BK.......... you doin' ok???? still forcasting that NUMBER!!!!!<g>... only kidding kiddo....

To: Bull RidaH who wrote (37996)	3/6/1999 7:31:00 PM
From: yard_man	Respond to of 94695

1370, eh? That would be rather fantastic. I don't think it is possible. But if it happens, I'll free up a few more $$'s for more puts. Looks a lot like a last gasp to me .. but I'm no E-wave scientist or artist -- whichever it is ...

To: Bull RidaH who wrote (37996)	3/6/1999 9:30:00 PM
From: Death Sphincter	Read Replies (2) \| Respond to of 94695

Sleeping one....take a good look at that chart since Oct 8th.....now if 12/14 to 1/11 is wave 3 then it is the most pathetic 3 you will see...1/2 the length of 1....and if it is wave 3 what is happenning here?.....well, it would have to be the rare and seldom seen leading diagonal where wave 1 is the big wave and if it is a leading diagonal than 5 can't be longer than 3......and anyhow since 3 is shorter than 1 once again 5 must be shorter than 3 now from Dec 14 up, this 'supposed' wave 3 is 142 points....therefore if 5 started at 1216 it can not exceed 1358 conventional TA will be looking at the triangle being broken to the upside and measuring the total price movement within the traingle 1216-1283...67 points and then adding that to the top of the traingle 1283+67= 1350 now if you don't want to believe this whole thing from Oct 8 is a 5 waver than look again the move from Oct 8 to the Nov high is a zigzag...a pair of 3's with a 'b' wave sandwiched exactly in between at the 10/20 -28 dates this is the A wave B down to 12/14 then the C wave with abc for 'a' of C up into Jan 11th abc for 'b' of C down to Feb 10th then 'c' of c....abc up to 2/24 a of 'c' of C...abc down to 3/3 b of 'c' of c.....now 5 waves up for c of 'c' of c....thus completing the C wave from Oct 8th zigzag up to Nov high A...down to Dec 14th B...up to ???? C....a nice big triple zigzag, unfortunately there is no firm price to be targeted for the triple ziggy unless you want to use the rule of thumb A and C are often nearly the same size...A = 142 points C at 142 points gets you to around 1350 again now since the move started up from 3/3 it is appears that 1,2 and 3 did their thing and the 4 hours of sideways on Friday was 4....the question that remains is if the 5th started at the end of the day is it nearly done? and ready to top near the highs? or will this only be 1 of 5 and the 2,3,4,5 have to come in order to reach this 1350 area? this would allow time for the NAZ to reach 2400, thus finishing off a nice 'flat' abc that began on 2/18 after the nasty drop if there is to be a full blown 5 waves in 5, then once this current surge that started Friday afternoon ends (as potentially 1 of 5) then you know it CAN NOT retrace below its beginning for wave 2..IF IF that happens Monday or Tuesday I will view it as EL GRANDE STINKO SIGNAL.....if it does not then I will look for the 1350 area as THE MUNCHO EL GRANDE STINKO SIGNAL happy stinking soon to be the filthiest human being alive StinkGutz