Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (66714)	7/30/2005 1:19:27 AM
From: Moominoid	of 74559

OK, depression is perhaps too strong... It is pretty amazing how small the equity market there is given the size of real GDP. The real bonanza will be in supercycle wave 3 or whatever Prechter will call it, after the consolidation. I expect a correction in various markets in the rest of this year and then after that a mania is clearly possible and almost certain if I have the E-Wave count right. That's when all the people burnt in the 2000-2 crash decide they have to get back on board. Of course all predictions and forecasts and actions open to change. NAS 4000 in 2007 is not impossible IMO. Any US crap will go to the moon. Probably gold too. Oil weaker in that period. BWDIK

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