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Well it depends on your time frame, but on the daily I believe we are in
minor wave 4 of primary wave 5.
If you notice at the bottom of the chart, the 10/70 oscillator is showing
divergence of primary wave 3 to primary wave 5, so the primary count stands
for now (in long term count since the 5/35 oscillatornot shown, lost
control).
The 5/17 oscillator as mentioned will potentially offer a clue as to when
minor wave 4 will end. The minor wave 4 retracement levels are measured from
the assummed minor wave 2 I indicated in red.
don ewers
----- Original Message -----
From: "Dorothy Carter" <dorothy.carter@xxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, September 24, 2001 12:46 PM
Subject: Re: [RT] MOB/EW
> my fingers are typing faster than my mind.... I meant to say that wave 4
> would be simple not complex.. sorry for confusion.. tnx I would guess we
> finished wave 3 of 3 of 3 and that we are in wave 4 now.. having said that
I
> don't claim to know Elliott.... :-)
> ----- Original Message -----
> From: "Don Ewers" <dbewers@xxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Monday, September 24, 2001 1:43 PM
> Subject: Re: [RT] MOB/EW
>
>
> > The attached chart shows the minor wave 4 retracements (of wave 5) that
> are
> > possible. I will be watching the 5/17 oscillator moving to zero for a
> > confirmation of time.
> >
> > Interestingly the low was right on the centerline of the pitchfork.
> > don ewers
> >
> > ----- Original Message -----
> > From: "Dorothy K. Carter" <dorothy.carter@xxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Monday, September 24, 2001 12:22 PM
> > Subject: Re: [RT] MOB/EW
> >
> >
> > > I would think wave four would be complex vs simple so that it may not
> last
> > > as long as you think..........
> > > ----- Original Message -----
> > > From: <SLAWEKP@xxxxxxx>
> > > To: <realtraders@xxxxxxxxxxxxxxx>
> > > Sent: Wednesday, September 19, 2001 4:34 PM
> > > Subject: Re: [RT] MOB/EW
> > >
> > >
> > > > I strongly believe in mob,
> > > > it surprised me many times how many times was correct
> > > >
> > > > Zoran was right it was 3 of 3
> > > > now we will have 4th wave rally till 10-24 & RESUMPTION of decline
in
> > 5th
> > > >
> > > >
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