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Strategies & Market Trends : Longer-Term Market Trends

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J_K
To: Fintas who wrote (2518)11/24/2013 12:12:27 PM
From: POKERSAM1 Recommendation  Read Replies (5) of 3209
 
My primary count is Super Bearish and points to a dramatic decline to a new low in Secular bear market wave Grand Super Cycle [IV] before the correction that began in 2000 ends.
The less favored and alternate count is Super Bullish showing that Grand Super Cycle [IV] ended at 666. This would put us in a new Secular Bull market beginning at 666 and continuing into the distant future.
So the question is whether we get one more huge leg down in this LT correction or not.

For the IT future both charts call for a drop here.
1458 would work for wave 4 of the Super Bullish count because wave 4 cannot go below 1422.38 or it will overlap wave 1. Actually 4 will probably not get below 1600.
The Super bearish count will continue to below 666 in Super Cycle green wave (c).

So there is a point where the LT Bulls OR the Bears will have to abandon all hope. The only reason I care which is correct is that I think it will be fun to watch the rabid perma bulls try to explain it if the Bear is correct.. :>)
It is only prudent to be psychologically prepared for both.

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