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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: AllansAlias who wrote (93804)4/13/2001 11:05:21 AM
From: flatsville  Read Replies (2) of 436258
 
Yeah, BC and I have been touching on this for months -- wondering when the big multi-month rally would start. We always looked at this question wrt to Elliott. I think there are possible scenarios here that some do not appreciate/respect. The most outrageous example would be this: who's to say that we have not finished a large A-B-C in tech off the March top and are now heading to new highs in a new bull move (i.e., just for fun, imagine that we are now beginning a large impulse wave 5, where what we have seen since March is only a 4).

Seems I recall this scenario being posed during the Jan. rally. I would almost consider it seriously if it weren't for the problems in the energy complex and debt arena.
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