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Elliotscope:LAST UPDATE



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3rd Dec 1998

EW posts will be discontinued henceforth, until further notice, perhaps
this is the wrong forum........ Anyway Best of luck to all of you and
hope you make tons of greenbacks :

MENTORSPEAK extracts "

I'm getting a little pissed off writing these reports.  I spend
considerable time and energy on this job.  I would gladly do it for
you and any of your close friends.  I was apprehensive right from the
beginning about posting these reports on the net.  I have never asked
anything of anybody for these reports.  Two days back was the first
time that I asked for a corrective wave count for the fall from 9367
to 7400 since I know that a majority of analysts are taking this
upward movement of the DJIA from 7400 to 9380 to be a B-wave.  Till
now there is no reply.  I reply within hours upon receiving any
query.  "Canute" (whatever/ whoever )  is pissed off.  The so-called
"fans" are nothing but
"hit-and-run" punters and certainly not serious students of the Wave
Principle.  They need the Kenseys and the Jerrys who tip them for the
2 and 3 buck movements.  I don't fit in.  So this is my last report.
All my future reports will be verbally conveyed only to you.

The market appears to be doing a 4-5, 4-5 of the c-wave of the 4th
wave.  The 4th wave will most probably turn out to be a running
correction.  When the c-wave of the 4th wave completes downward, the
DJIA will give a spectacular rise in a manner not seen in recent
history.

"