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Exactly right. So unless you have a perfect
future vision, just go with the flow, which is up.
wd
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Steven W. Poser
(crusoe)
To: <A title=realtraders@xxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxx";>realtraders@xxxxxxxxxxx
Sent: Wednesday, January 17, 2001 2:09
AM
Subject: RE: [RT] NAZ
<SPAN
class=510570307-17012001>Lenny -
<SPAN
class=510570307-17012001>
The
biggest problem with this being 3 of 3 is the huge momentum divergences at the
lows (at least on the daily chart). Good to see somebody using
percentages instead of points in coming up with Fib targets as well!
<SPAN
class=510570307-17012001>
The
fun part is to try and figure out if:
<SPAN
class=510570307-17012001>
(1)
Is it three of three with us currently in a 4th wave
(2)
Is this the start of wave-B of a flat
(3)
Is A-B-C complete and do we then go to new highs
(4)
Is A-B-C complete and then we enter an X-wave
(5)
Or was the momentum low actually the end of wave-3 and the recent lows the end
of wave-5 of wave-A of a zig-zag?
---Steven W. Poser, PresidentPoser Global Market
Strategies Inc.<A target=_blank
href="http://www.poserglobal.com/";>http://www.poserglobal.comswp@xxxxxxxxxxxxxxxTel:
201-995-0845Fax: 201-995-0846
<FONT face=Tahoma
size=2>-----Original Message-----From: rosow@xxxxxxx
[mailto:rosow@xxxxxxx]Sent: Wednesday, January 17, 2001 1:01
AMTo: realtraders@xxxxxxxxxxxSubject: Re: [RT]
NAZNeal,
Attached is a Weekly NASDAQ chart with my current
E-wave count. The only thing I'm skeptical about is that Wave 3 may not
be completed and where I have marked Wave 3 could be Wave 3:3. It's
exactly the 261.8% extension of Wave 1 which is quite normal for a 3.
Whether it's a completed ABC correction or a completed Wave 3 or a
completed Wave 3:3 all roads point to the North for now. More clues will
be had if this thing can reach the 2900-3000 area. A close below 2335
and better yet below the current low @ 2251 will negate all of the
above. Lenny To unsubscribe from this group, send
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