Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (14144)	1/29/2002 5:37:20 AM
From: Moominoid	Read Replies (1) of 74559

OK - you mean more like the projection of the regression type line over some past period. IMO this period we are in is chart wise a parallel of 1987-1990 but down sharper rather than flat as predicted by the Elliott Wave rule of "alternation". This same predicts that there will be a fifth wave maybe through to 2010 before the real financial collapse.... Of course other e-wavers have other counts.... Anyway, I still think though that the markets can get a lot lower before they go to Dow 36000 NASDAQ 12000 in 2010 or whatever... but before that we are going higher for a short while (months) like in 1988-89 as people wondered where the economic collapse to follow the big crash was. David

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