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akirsch

03/15/03 2:46 PM

#87449 RE: Zeev Hed #87446

Zeev, If phase 1 is completed as you mentioned earlier today with wednedays low and the end of phase 2 in May as indicated in Jan. post, does that mean we stay above 1250-1260 area for the rest of March?

Thanks in advance, A
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mike_m

03/16/03 11:14 PM

#87639 RE: Zeev Hed #87446

My point, Zeev, is that if we complete the rise by Wednesday at the latest, I would be more prone to believe that last Wednesday was merely the b wave of a larger fourth (sometimes they slightly pierce the third wave low) and we are in the process of completing the c wave. This would mean that the first leg of the Nassacre isn't yet over. If it is over, as you now believe, then I doubt this rally will complete in just a week.