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Thanks.....and this looks like it conforms to the EWT rules for the most
part.
However, the "C" wave down has questionable 1-2-3-4-5 counts shown.
Appears almost as though counts 1 & 2 are within 1 day of each other.
> -----Original Message-----
> From: Don Ewers [mailto:dbewers@xxxxxxxxxxxxx]
> Sent: Thursday, December 06, 2001 4:04 PM
> To: realtraders@xxxxxxxxxxxxxxx
> Subject: Re: WAVES - was RE: [RT] Jon88keys!
>
>
> (with charts, sorry)
>
> M. Simms
> You must be psychic, the count changed on the daily S&P cash on 12-4-01
> (first chart) from a 1-2-3-4 (down) to on 12-5-01 (second chart)
> to an A-B-C
> (down) and 1-2-3 (up), since as you said the wave 4 retraced too far.
>
> Of further interest is the 200 MA, the brown line on the chart?
>
> Since I have been using the weekly as my primary "roadmap" which
> already had
> 5 waves at the lows (third chart) in which many fib targets were
> met), some
> have been anticipating this change in count on the daily to
> result and are
> looking at the wave 4 daily to evolve in an large ABC pattern eventually?
> Perhaps the new wave 4 daily (or wave B?) could be the pullback many are
> expecting too?
> don ewers
>
> ----- Original Message -----
> From: "M. Simms" <prosys@xxxxxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Thursday, December 06, 2001 2:00 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:
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> > >
> > >
> > >
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> > >
> > >
> > >
> >
> >
> >
> >
> > To unsubscribe from this group, send an email to:
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> >
> >
> >
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>
>
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