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Strategies & Market Trends : Longer-Term Market Trends

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To: Perspective who wrote (1213)7/2/2008 12:56:42 PM
From: AllansAlias   of 3209
 
re: $BSE

The significance of the 2007 high what I'm keying off at this point. It was clearly a blowoff event.

Yes, but the problem is, in the absence of evidence, it might just as easily be a blowoff of only the 3rd wave, in which case the stuff we are seeing now could just be a-b-c 4th, in which case there will be no real "meat of the move".
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