|
PureBytes Links
Trading Reference Links
|
<x-html><HTML>
<B>Corrective Waves= A, B, C etc ., (Downward) A= down, B= UP, C= The most
drastic..........</B>
<BR>
<P>Hello folks,
<P>Received this from a friend of mine who follows the Elliot wave theory.
This is just for you info.
<P>He is currently travelling so doesnt have proper access to charts.........
<P><B>July 28, 1998</B>
<P><B>Re: Dow</B>
<BR><B>I think you should go short in the current rally. Cut your
short</B>
<BR><B>position</B>
<BR><B>if the rally exceeds 70% of the recent fall from it's all-time high.
I</B>
<BR><B>think</B>
<BR><B>that a down-ward c-wave has started which will be in 5 waves.
The</B>
<BR><B>1st wave is over and the 2nd is in progress. This 2nd wave
may</B>
<BR><B>take time to finish moving sideways or in a narrow range.
The 3rd</B>
<BR><B>wave downwards will be rapid and panicky. The problem is that</B>
<BR><B>one does not know how long timewise the 2nd wave lasts. Anyway,</B>
<BR><B>this is my opinion. I may be wrong because I do not have detailed</B>
<BR><B>chart - just following day-to-day on CNN.</B>
<P><B>Regards,</B></HTML>
</x-html>From ???@??? Thu Jul 30 23:27:38 1998
Received: from freeze.metastock.com (204.246.137.5)
by mail02.rapidsite.net (RS ver 0.3) with SMTP id 25023
for <neal@xxxxxxxxxxxxx>; Fri, 31 Jul 1998 02:14:35 -0400 (EDT)
Received: (from majordom@xxxxxxxxx)
by freeze.metastock.com (8.8.5/8.8.5) id XAA08195
for metastock-outgoing; Thu, 30 Jul 1998 23:10:27 -0600 (MDT)
X-Authentication-Warning: freeze.metastock.com: majordom set sender to owner-metastock@xxxxxxxxxxxxx using -f
Received: from ha1.rdc1.bc.wave.home.com (mta@xxxxxxxxxxxxxxxxxxxxxxxxx [24.2.10.66])
by freeze.metastock.com (8.8.5/8.8.5) with ESMTP id XAA08178
for <metastock@xxxxxxxxxxxxx>; Thu, 30 Jul 1998 23:10:21 -0600 (MDT)
Received: from home.com ([24.64.217.35]) by ha1.rdc1.bc.wave.home.com
(Post.Office MTA v3.5 release 217 ID# 1-1U40000L0S0V35)
with ESMTP id com for <metastock@xxxxxxxxxxxxx>;
Thu, 30 Jul 1998 22:03:06 -0700
Message-ID: <35C1500C.F0B3892@xxxxxxxx>
Date: Thu, 30 Jul 1998 22:03:08 -0700
From: Harvey Pearce <hhp@xxxxxxxx>
Organization: @Home Network
X-Mailer: Mozilla 4.05 [en]C-AtHome0402 (Win95; I)
MIME-Version: 1.0
To: metastock@xxxxxxxxxxxxx
Subject: Re: Money Flow Index
References: <35BFD5B2.5179@xxxxxxxxxxxxxx>
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
Sender: owner-metastock@xxxxxxxxxxxxx
Precedence: bulk
Reply-To: metastock@xxxxxxxxxxxxx
X-Loop-Detect: 1
The Tom Williams site is:
http://www.ocea.es/vsa/vsa.htm
|