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Strategies & Market Trends : Classic TA Workplace

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To: Perspective who wrote (128133)1/16/2006 9:05:15 AM
From: Shack  Read Replies (2) of 209892
 
Sounds like your talking about a top in all asset classes coming simultaneously. Interesting thought, a prelude to a depression really.

FWIW in the context of the stock market and the stock market only, I see very few "psychological" characteristics indicative of a 5th wave. Most notably the public is disinterested and the market remains well off the front pages. If we are in a 5th wave there then we are likely in the very early stages, one that is highly unlikely to end in early 2006.
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