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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject	5/4/2001 8:09:53 PM
From: besttrader	of 37746

This may indeed happen --> With the 10-11 week cycle now topping out, we will see hope begin to fade, grudgingly at first, because some shorter cycles are due to turn up. Buying will dry up as hope dissipates, and reality begins to dig its claws into the psyches of the portfolio shrinkers. Finally prices will fall in a complete absence of buying interest. This current 10-11 week cycle will be in its down phase while the 21 week cycle is cresting. The conditions aren't yet right for the market to suffer a big washout marked by heavy selling. To the bulls, this down phase will look like a normal testing period. Complacency will play its usual role. They'll pull their bids, but they won't do much selling. The pundits will constantly reassure us that all is normal, and we'll get a summer rally, after the Wall Street whores declare a successful testing of the lows. But the rally will be far weaker than the majority expects, because by then intermediate cycles and secular forces will be weakening concurrently. The conditions will then be ripe for the collapse that you've been looking for.

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