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Strategies & Market Trends : P&S and STO Death Blow's
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To: Jeff who wrote (5301)8/17/2002 3:01:19 PM
From: 16yearcycle  Read Replies (1) of 30712
 
"and the next dump heads to 1000....now whether that dump starts here or at 1400...or at 1459....or 1500.....its coming because bubbles retraces won't end at a bottom advertised on t.v as the one....."

Now, just about a week ago, you said the retrace is over if we get over 1459.

Message 17852647

Here you are calling for a major trend change. Maybe you just meant for 9 days.

Message 17849350

And when I say it "could be" the bottom, and you say i am saying I think it "is the bottom," you are twisting my words. I didn't suggest you are missing anything.I am short going into Monday. I am going to be very unhappy, if we have a strong fist few days of the week. I simply asked why you guys are seemingly sure, and I guess you answered.
Did you notice that we have had the same number of downlegs now as in the 30's? Not a sure thing though, because its imperfect on how to count them. 87% correlation so far. Great odds. Also it is interesting that in 2 months this will have lasted as long. 32 months. Maybe any sell off in the fall will be it. Makes a lot of sense.

Your suggestion that everyone should be careful here is very wise. This was the whipsaw for a ton of smart traders back 65 months ago. Funny how things repeat.

Thanks.
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