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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Lucretius who wrote (323078)6/8/2006 12:48:48 PM
From: John Pitera  Read Replies (1) of 436258
 
a rare BK sighting from Luc......... -g-

This Leg of the decline will most likely get us down there to
DJIA 5000.

This appears to be the other "shoe" to drop, and is the other bookend decline of the same magnitude of the March 2000 to Oct 2003 decline. But in Elliott terms its the wave "C" complete with a true proper financial panic, and a crash phase that is generally recognized and agreed upon by the public.

of course these type of things statistically happen in the fall after some sort of "summer rally", but not always. Maybe we fall to SPX 1145 or SPX 1080 and then burn some time in a weak upward correction in price into the 3rd week of July, or maybe Aug and then it's BK Triple Godzilla Whoppers For All * -vbg-

* and Yes I do have a patent pending on the phrase.... BK Triple Godzilla Whoppers For All *
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