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Strategies & Market Trends : The Stock Market Bubble
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To: yard_man who wrote (3043)1/31/2000 9:40:00 AM
From: Arik T.G.  Read Replies (1) of 3339
 
LT count to 10/98 low remains the same.
Message 8318842
Minor 5 of Intermediate 3 of Primary 5 of Cycle 5 was the impulse to 7/99 high.
From 7/99 high to 10/99 low a classic correction. It looks a bit small to be the dreaded intermediate 4, but it was long enough (3 months) and certainly deep enough (over 13% top to bottom) to qualify.
From 10/99 low to 12/31/99 high could be minor 1 of intermediate 5 but could equally be the entire intermediate 5. The minimal requirements were met, and if we drop below 10/99 low of SPX 1233 then 12/31/99 was certainly THE END for the bull. Completing the supercycle from the 1930s low, and time for the seven lean cows to rise from the Mississippi.

ATG
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