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Strategies & Market Trends : Elliott Wave Theory

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To: David W. Taylor who wrote (2)	12/7/2000 11:27:12 AM
From: gpowell	Read Replies (1) of 43

"From a presumed 1995 peak, Fibonacci numbers point to the following years as possibly providing turning points within the bear market: 1995+3 years = 1998 1995+5 years = 2000 1995+8 years = 2003 The inflation adjusted Dow also indicates an important turning point around that time, as shown by the following Fibonacci time spans: -The end of wave (II) in 1859+144 = 2003 -The end of wave (IV) in 1948+55 = 2003 -The end of wave (V) in 196+34 = 2000 -The end of wave (A) in 1982+21 = 2003 These list of dates unequivocally support the years 1998, 2000, and particularly 2003 as probable years for the first major bottom." Prechter, R. R. (1995). "AT THE CREST OF THE TIDAL WAVE". Gainsville, Georgia: New Classics Library.

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