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Strategies & Market Trends : Longer-Term Market Trends
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To: AllansAlias who wrote (2039)1/21/2009 9:28:15 AM
From: Perspective  Read Replies (1) of 3209
 
You have been very quiet, my friend. A penny for your thoughts!

I'm concerned that our wave four may have completed at the January highs, but I suppose there are still decent chances for this to be merely a "b" low, with the four extending further in time. Whatever it is, we didn't get the slam-dunk (DJIA 10K SPX 1000) that I was hoping for.

Jeebus, BKX at 30. Pressing 1994 lows - the start of the credit bubble blowoff. Scary stuff. Makes me feel more confident that we're ultimately headed there on the general market.

`BC
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