I find it very interesting that Don's stuff is coinciding so closely to mine. I think you saw my stuff where I was possibly expecting the lows in 2-3 months. I have a hard time believing that except that the last wave can often be the most dramatic in its quickness. (think of 1999 on the naz).
I was heavily short this past week with SPX puts. I lightened up on Friday, but will get back into them on a bounce.
I am using March 2002 as my roadmap right now, but I am expecting the drop to resemble the Sept 2000 drop in steepness.
SPX
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Naz Weekly
stockcharts.com[e,a]whclynay[d20010614,20030114][pc20!b200][iub14!la12,26,9!ll14!lh5,5!li10,10!lp14,3,3][j9508105,y]&listNum=2 |
