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When people on the radio are talking about third waves, it is time to
sell. Where do you live?!?
That is the first time I have heard of anybody calling it a third wave.
There are some out there that have this as a five wave advance, which I
would disagree with, though it looks that way at first blush. It is more
likely a pair of a-b-c's completing, or it might be just one large a-b-c
with wave-c a huge one.
What you might be hearing about is that we did get a Dow Theory buy
signal at the close on Monday...
Steve
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