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Pastimes : Pokersam's Swamp Drain

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From: POKERSAM10/2/2023 12:00:04 PM
2 Recommendations

Recommended By
GROUND ZERO™
Ms. Baby Boomer

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Well, that settles it. The brilliance exhibited by this board is phenomenal. We all agree that someday the market will hit a new all-time high. After all in the history of the stock market there has NEVER been a correction or bear market that did not end with a full recovery and a new all-time high. LOL
When it occurs, we will share in the glory as the ones who predicted the new inevitable all-time high.

The question of what will happen in the meantime remains. Is the 2022 correction over? Most say yes.
A few, including me, say no. I believe we will see a new correction low before that new ATH is reached.
From an Elliott Wave standpoint, the correction has put in a wave [2] or B and we are in wave [3] or C down.
I believe we will take out the previous correction low of 3491. We have dropped 369 from 4607 wave [2]/B.
We shall see. On this question there is a lot of disagreement.
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