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Strategies & Market Trends : Classic TA Workplace
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To: Moominoid who wrote (123026)8/17/2005 6:12:39 PM
From: skinowski  Read Replies (2) of 209892
 
Yes, it's bearish. But the EW philosophy is all about harmony and Fibo degree corrections. We had an enormous run in the markets since the October 1974 low.... and sooner or later, or maybe now, there will be time for a "pullback".. g/ng.

Remember the "Seven fat years and seven lean years"? Here is an example you may like:

Take the biblical tale of Joseph. The famous seven-year cycle of feast and famine appears to be one of Egypt's regular routines

(OT)

csmonitor.com
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