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Many thanks, Mike! I was off on the wrong track.
Johmn O.
----- Original Message -----
From: <MikeSuesserott@xxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, November 01, 2002 7:25 PM
Subject: [RT] A Wolfe Wave
> Hi John,
>
> Wave 4 must be lower than Wave 2 for bullish Wolfe Waves - those that set
up
> long positions. For bearish ones, the reverse is true. You can find a
brief
> description plus chart illustration at
> www.wolfewave.com/an_illustration_along_with_the_rules.htm
> where you can see that the #4 point is lower than #2.
>
> An excellent explanation of the basic rules, with examples, can also be
> found in the Raschke/Connors book, "Street Smarts".
>
> Best wishes,
>
> Michael Suesserott
>
>
> > -----Ursprungliche Nachricht-----
> > Von: jdfo [mailto:jdo1@xxxxxxxxx]
> > Gesendet: Saturday, November 02, 2002 00:47
> > An: realtraders@xxxxxxxxxxxxxxx
> > Betreff: Re: [RT] A Wolfe Wave
> >
> >
> > Mike:
> >
> > Do you consider this to be a true Wolfe Wave? I thought one of the
> > requirements was that Wave 4 had to be higher than Wave 2. Is this not
> > correct ?
> > Why don't you give us your thoughts on what these requirements are,
> > within the limits of what you can relate. I guess this is why
> > you took the
> > course.
> > Thanks,
> > John O.
>
>
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