Ask DrBob Message Board - Msg: 24735600

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ask DrBob

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: shadows	7/7/2008 1:28:05 PM
	of 100058

Down for 13 days if we close lower today,which seems likely as some financials are revisiting levels not seen since the early nineties!The Indices fail to reflect the carnage to the portfolios of most ordinary investors as the weakest stocks are replaced by the strong-energy and mining for example. Elliott Wavers note the WAVE A of a bigger ABC down to January;the lower WAVE B High in May;and now a completing WAVE C down to sometime in August.All Fibonacci months-1,5 and 8! Don't disagree.See the SnP under 1175 early August,and under a 1000 during the hurricane season in the fall!Perhaps by November?(8+3=11!). This was always going to be a really,really vicious bear,and it ain't nearly done yet.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next