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Here's your W.4, however the low PTI of 29 suggests any W.5, should it occur
(I suspect that the W.3 decline was terminal because of the extreme fib
extensions in all indexes), will not reach new lows. I expect that the bear
market rally will continue higher before the next major leg down.
Earl
----- Original Message -----
From: "rashid subtain" <vze24c5m@xxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, August 20, 2002 9:39 PM
Subject: [RT] Elliott wave count
Hi group,
Some elliott wave counter can tell me if the ESu2, 4th wave has ended and
the fifth wave is about to start.And can go down about 80 point.
Thanks
Rashid
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