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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Shack who wrote (67920)8/21/2005 2:29:19 PM
From: Moominoid  Read Replies (1) of 74559
 
Yes I know we tend to alternate between short-term bear long term bull and short-term bull and long-term bear :)

Given that I have all major indices in flat corrections after 5 waves up from 2002 I am not looking for a really major decline in any of them. I'd see a low below 2004's low as being unlikely. After that decline I see a big up in 2006-7 which could be wave C of B (more likely) or 3 (less likely).
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