Re: [RT] The Case for the Bulls

["Don Ewers" <dbewers@xxxxxxxxxxxxx>]

Ben,
Is the SP500 # missing from your post?

Here is a daily AGET chart of the Nasdaq cash. The 2300 you mention fits
nicely in the wave 3 target range, as does your pull back next week, which
would be minor wave 4 of wave 3?
don ewers

----- Original Message -----
From: "profitok" <profitok@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Saturday, December 08, 2001 2:50 PM
Subject: Re: [RT] The Case for the Bulls


> Hello
> I  am quoting from the warden report
> the hi  on this week  is a confirmation  that 2300 on NASDAQ is in the
cards
> and the appropriate# for  sp500
> he is currently  as # 3 market timer  as og 10/31/01
> this is from his wave count
> so if we  take him correct then  after this coming bad week down  we
should
> load up the wagon
> for me,, if qqq  holds  36.96 for the week  then he is right!
> be careful
> Ben
> ----- Original Message -----
> From: "Don Ewers" <dbewers@xxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Saturday, December 08, 2001 2:48 PM
> Subject: Re: [RT] The Case for the Bulls
>
>
> > Don,
> > There are many possibilities (even an ABC or Big wave A?).
> >
> > One way to "qualify it" would be to do a 1.0, 1.618 (and 2.618 might as
> > well) expansion (vertical height) to see where this "third wave" falls
and
> > to see if it has gone past the 1.0?
> >
> > If not to 1.0 (which visually it appears it is not) then it is a wave 3
or
> C
> > and not qualifiable yet, too early?
> >
> > If past 1.618 I would agree it is impulsive (not corrective) or a wave
3.
> >
> > Between the two, still in the questionable area for either?  Keep in
mind,
> > wave 3's only end between 1.0 and 1.6 15% of the time (I use 1.6 so it
> does
> > not include 1.618) and 75% of the time wave 3's end between 1.618 and
> 2.618
> > (greater than 2.618 8% of the time, les than 1.0 2% FYI).
> >
> > That is the analysis without using any thing else.
> >
> > Now is "add the 5/35 oscillator" to put a count to it (I am using
> "localized
> > count" from the low) another picture appears? A five wave structure with
a
> > wave 4 flat.
> >
> > So it can be a Big wave 1, or a Big wave A (wave A's have either a 3
wave
> or
> > 5 wave internal count). It is interesting to see the wave 5 target range
> has
> > been reached.  Could be that correct many are looking for is setting up?
> >
> > So assigning counts without looking at the internal momentum of the move
> can
> > be dangerous and lead one potentially to the wrong conclusion if you are
> > "just" visually counting?
> >
> > (Although your appears to be a tick chart , my 60min S&P cash looks
> > similar).
> > don ewers
> >
> > ----- Original Message -----
> > From: "Don Thompson" <detomps@xxxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Saturday, December 08, 2001 9:49 AM
> > Subject: [RT] The Case for the Bulls
> >
> >
> > > Here is my updated case for the Bulls.
> > >
> > > No one seems to have mentioned the possiblitiy that this top at on
> > Thursday,
> > > was the completion of
> > > wave 1 of 5 of a huge Wave three..  This is what I was getting at
> earlier
> > > this week on my verbal post that was
> > > garbled and unclear.
> > >
> > >
> > > See attached gif.
> > >
> > > Don Thompson
> > >
> > >
> > >
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> > >
> > >
> > >
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> > >
> > >
> >
> >
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> >
> >
> >
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> >
>
>
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