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Strategies & Market Trends : The Millennium Crash

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To: Thomas C (Hijacked) who wrote (675)9/6/1997 5:54:00 PM
From: ted cerezo   of 5676
 
Hi Tom, Have you read Harry S. Dent Jr. book on the baby boom effect? If you haven't I strongly recommend you read it. I realize Ralph Acampora and others are proponents of the baby boom theory but once you read Dent's book you will understand why. The baby boom consist of 3 booms or waves within that generation. I believe we are entering a transition period from the 2nd wave of the baby boom (which coincide with the 3rd wave Elliott Wave) to the 3rd and last wave of the baby boom generation (which coincide with the final 5th Elliott Wave). During this transition period, we may experience a crash, a bear market or even something of a 'stealth' bear market as was experienced in 1994. No one knows! But ultimately the 3rd and last wave of the baby boom effect will kick in.......Ted
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