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

To: bobby beara who wrote (14662)	5/22/1999 5:45:00 PM
From: Haim R. Branisteanu	Read Replies (4) \| Respond to of 99985

TO ALL - The Chicken Page is updated with my comments on the "DOT COM" sector E-Commerce and Linux. Visit - bway.net Haim

To: bobby beara who wrote (14662)	5/24/1999 9:52:00 AM
From: j.o.	Read Replies (2) \| Respond to of 99985

That's an interesting read, bobby - I hadn't really considered it, in part because the uptrend within the my read of wave 3 was never tested very seriously where you are making the wave 4. However, as I look at it now in the context of your count, that (potential) wave 4 did make a correction of roughly 50% of the move from approx 9600 to 10850. That is certainly more than sufficient, according to my understanding. Therefore, you may well be onto something. If that's the case, then your view on wave 5 looks on target. Especially if we move lower today, which does not look unlikely <g> That would only leave us wondering if we have perhaps completed the entire upmove? I will look into this more deeply today. Thanks, and happy trading! j.o.