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Non-Tech : The Woodshed

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To: nspolar who wrote (5517)4/30/2004 8:50:03 PM
From: SwampDogg  Read Replies (1) of 60908
 
Sorry, you are right the market is in great shape. It can not even ramp into the end of the month. Everybody is still looking for the next rally opportinity and it is pretty darned amazing IMO.

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What is the point?

The market is in a 3 of(3) down or a "E" of Wave 4 down in the $DOW. Take a look at the tech market. It is busted and the rest of the market will follow. Most investors will probably have little left by the fall.

I will post again in September and we will see where we are.
I will be very surprised if we are not at new lows in all of the indicies below Oct 2002. Target <$DOW 6000.
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