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Strategies & Market Trends : Elliott Wave and Index Trends with POKERSAM
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To: northam who wrote (126)1/12/2019 10:22:29 AM
From: Fintas2 Recommendations

Recommended By
Ms. Baby Boomer
toccodolce

   of 1764
 
OK but we have a different view of MOTHER OF ALL BEARS.

You suggest these numbers:. "That is the Bear-SC-1 (The MOTHER OF ALL BEARS) with a current projected range of 2156.67 to 1455.67"

I can see those numbers all day long and NOT consider either of them the MOTHER of all bears. I would use the words MOTHER of ALL BEARS if I were to see DROP under 1000.. In the past that was apprx 56%. whether we consider the 1929 or the drop of 2008.

At this point neither of those numbers you present would exceed such to be viewed as the MOTHER of ALL BEARS. The 2156 would be just a retest of Election 2016 and the 1458 can be seen back in 2012 election. I don't see that as extreme no more than I would consider APPLE dropping to 110 from the 230 Or Amzn to 972. Just a healthy correction after huge run ups off the lows of 2009.. Heck ya would have to go back to 666 to give it all back as we recently saw with GE and that was some serious selling. This selling recently seen in the indexes is NADA when one puts it in perspective.

So just yik yakking. TWT how this plays out. And again I'll leave the exact dates or due dates to you and others. I just focus on numbers. From what I can glean most are trading near term. I tend to go out years.

Fintas
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