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don do
you base the wave 5 projection on the lengh of w1
<FONT face=Tahoma
size=2>-----Original Message-----From: Don Ewers
[mailto:dbewers@xxxxxxxxxxxxx]Sent: Tuesday, May 07, 2002 5:40
PMTo: realtraders@xxxxxxxxxxxxxxxSubject: [RT] SP cash
and futuresThe attached 60min SP cash and future
charts both show some interesting fibohits including the lows
today?The FBS (false bar stochastic) at the bottom of the charts
lays thepossible groundwork that a rally should be sold potentially, once
overboughtis reached and a sell signal appears (possible real minor wave 4
of wave 5,prior one is a possible "fooler").Anyway some reason for
a bounce in here (or a real trading bottom of sorts,time will tell). CSCO
seems to have started the ball rolling I see in theaftermarket I
seeKeep in mind this is just a short term analysis of a down impulse
move andan attempt to put structure to the move.don
ewers---Outgoing mail is certified Virus Free.Checked
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