P&S and STO Death Blow's Message Board

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Strategies & Market Trends : P&S and STO Death Blow's

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To: Boca_PETE who wrote (3414)	7/12/2002 11:44:34 AM
From: Jeff	Read Replies (1) of 30712

well....i'm not really thinking out to 2005 right now.... but that H&S does confirm the retrace....and it also confirms what history says happens in bubble markets... remember the dow in 1929-32 just didn't retrace its bubble....it went back and wiped out nearly 30 years.... sharelynx.net and it took another 24 or so years to get back to the bubble top..... so that bubble market alone had an effect on nearly half a century of market activity..... so if folks think this bubble is over in 2 years....and it won't go to an extreme low and it won't effect the market for years ahead..... well...history says different.... and thats all anybody can go by......unless you can see into the future....and i sure can't.....<gg>

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