Wow, I must have been asleep when I wrote that, too many typos for even the writer to figure out,
I thought I was trying to clarify an earlier proposed model based on whether or not we are in the third wave up in a long term 5 wave cycle, or whether we are in wave 5 of the fifth wave, which would be the end of the bull market,
I highly doubt, that this is ending here, at $1,500
I dont know about $7,000 as I have seen, but it is no longer preposterous.
the reference to real estate is based on the same theory,
that we just experienced a wave 4 correction, which will end sometime in the next few years, at which time, wave 5 takes us into prices once thought obscene, and will make the 2000-2006 run up in prices look small in comparison |
