Classic TA Workplace Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Classic TA Workplace

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: AllansAlias who wrote (46545)	7/20/2002 2:18:44 PM
From: AllansAlias	Read Replies (4) of 209892

I maintain that we are close in time to a sharp rally. Price, well, that's another matter. Conceptually, I will consider the next up move to be "wave 2 of the credit bubble bursting". It is the move after that that I fear. I wanted to clarify/expand this a little. The coming up leg, a conceptual 2 up for the credit bubble, should be a big 'B' up for equities. At the top, folks will be bullish again. (That goes without saying. You can't have a "top" without it.) The really ugly move is likely not the one we are witnessing now; it'll be the conceptual wave 3 down for the credit bubble and the 'C' down for equities. Imo, there is a good, many-month rally in the near future, but after that, I think we'll see a far worse slide than the one we are experiencing now.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next