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Actually you can even throw out the idea that we are in wave one. One can
make an arguement that the
10-30 low is the end of wave 2 of 5 up. This last move up to 1175 from
that 10-30 low is the end of Wave 1 of a larger wave 3.. this is the Hyper
bullish case..
don thompson
----- Original Message -----
From: "M. Simms" <prosys@xxxxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, December 06, 2001 3:00 PM
Subject: WAVES - was RE: [RT] Jon88keys!
> Speaking of WAVES......
> does anyone with AGet know if it has "thrown in the towel" on numbering
this
> latest move-up as Wave #4 out of 5 down ?
> I believe all indications are that #4 was really #5 and that we are in #1
of
> 5 - up.
>
>
> > -----Original Message-----
> > From: Ralph Volpe [mailto:rjv@xxxxxxxxxx]
> > Sent: Thursday, December 06, 2001 2:11 PM
> > To: realtraders@xxxxxxxxxxxxxxx
> > Subject: Re: [RT] Jon88keys!
> >
> >
> > Jon88, thanks for your response. I agree with you, the market
> > moves in waves and
> > there's no sure methodology to predict a move; however, the waves
> > we speak of
> > very often have a bias in intensity one way or another. It is my
> > opinion, based
> > on an assessment of economic fundamentals and
> > reaction/counter-reaction market
> > movements, this market is hurting -- and the hurt will be felt
> > shortly on the
> > downside.
> >
> > Ralph
> >
> > jon88keys@xxxxxxx wrote:
> >
> > > In a message dated 12/6/2001 1:39:36 PM Eastern Standard Time,
> > rjv@xxxxxxxxxx
> > > writes:
> > >
> > > << Dorothy, are you still out there? Some time ago I posted long-term
> > > charts of the NASD and INDU with my analysis that this market
> > was in for
> > > a nice rise. Well, I think this rise should end by Monday of next
week.
> > > My question to you, Dorothy, and others, do you share my view on the
> > > vulnerability of this market or should we succumb to the
> > 'talking heads'
> > > again with their exuberance for a rebound?
> > > >>
> > >
> > > I'm not Dorothy, but the Dow has been in overbought territory
> > for some time
> > > now. I would expect at least a correction pretty soon. A
> > correction would be
> > > healthy, even. But we're just surfers riding the wave and
> > moving our stops.
> > > I have no problem with the market moving to infinity, either :).
> > >
> > > But answering your question: sure the market's vulnerable.
> > But the market's
> > > always vulnerable (hence the word "market" as opposed to "sure
thing").
> > >
> > > Kowobunga dudes (and dudettes),
> > >
> > > Jonathan
> > >
> >
> >
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> >
> >
> >
> > Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/
> >
> >
> >
>
>
>
>
> To unsubscribe from this group, send an email to:
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>
>
>
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>
>
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