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Hello
I am quoting from the warden report
the hi on this week is a confirmation that 2300 on NASDAQ is in the cards
and the appropriate# for sp500
he is currently as # 3 market timer as og 10/31/01
this is from his wave count
so if we take him correct then after this coming bad week down we should
load up the wagon
for me,, if qqq holds 36.96 for the week then he is right!
be careful
Ben
----- Original Message -----
From: "Don Ewers" <dbewers@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Saturday, December 08, 2001 2:48 PM
Subject: Re: [RT] The Case for the Bulls
> Don,
> There are many possibilities (even an ABC or Big wave A?).
>
> One way to "qualify it" would be to do a 1.0, 1.618 (and 2.618 might as
> well) expansion (vertical height) to see where this "third wave" falls and
> to see if it has gone past the 1.0?
>
> If not to 1.0 (which visually it appears it is not) then it is a wave 3 or
C
> and not qualifiable yet, too early?
>
> If past 1.618 I would agree it is impulsive (not corrective) or a wave 3.
>
> Between the two, still in the questionable area for either? Keep in mind,
> wave 3's only end between 1.0 and 1.6 15% of the time (I use 1.6 so it
does
> not include 1.618) and 75% of the time wave 3's end between 1.618 and
2.618
> (greater than 2.618 8% of the time, les than 1.0 2% FYI).
>
> That is the analysis without using any thing else.
>
> Now is "add the 5/35 oscillator" to put a count to it (I am using
"localized
> count" from the low) another picture appears? A five wave structure with a
> wave 4 flat.
>
> So it can be a Big wave 1, or a Big wave A (wave A's have either a 3 wave
or
> 5 wave internal count). It is interesting to see the wave 5 target range
has
> been reached. Could be that correct many are looking for is setting up?
>
> So assigning counts without looking at the internal momentum of the move
can
> be dangerous and lead one potentially to the wrong conclusion if you are
> "just" visually counting?
>
> (Although your appears to be a tick chart , my 60min S&P cash looks
> similar).
> don ewers
>
> ----- Original Message -----
> From: "Don Thompson" <detomps@xxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Saturday, December 08, 2001 9:49 AM
> Subject: [RT] The Case for the Bulls
>
>
> > Here is my updated case for the Bulls.
> >
> > No one seems to have mentioned the possiblitiy that this top at on
> Thursday,
> > was the completion of
> > wave 1 of 5 of a huge Wave three.. This is what I was getting at
earlier
> > this week on my verbal post that was
> > garbled and unclear.
> >
> >
> > See attached gif.
> >
> > Don Thompson
> >
> >
> >
> > 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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