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Strategies & Market Trends : Waiting for the big Kahuna

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To: Vitas who wrote (19304)	5/28/1998 5:22:00 AM
From: Bull RidaH	Read Replies (1) of 94695

Vitas, Amazing!! You pinpointed the precise Elliott Wave Parallel in the prior supercycle to where we are today!!! I'm very impressed!! I'll never again doubt the relevance of your comments as some have been prone to do here lately..hehehe :o). The Cycle wave 4 correction wrapped up in '62, identical to our cycle wave 4 correction that ended last Nov.12th. Then Primary wave 1 up of Cycle wave 5 up carried the market up strongly into October of 1963, just as our Primary wave 1 rally carried the market up into April 6th. Beautiful!! I'm sure you're very aware what happened after the The Cycle wave 5 completed itself in 1966? Yep...probably the second most devastating correction our market has ever seen in inflation adjusted terms, spanning 16 full years. For those want a chart of this 60's period, go here: decisionpoint.com Now...what do you think will happen when the current Cycle wave 5 finishes up later this year, completing the Supercycle that began in 1982, and in all likliehood, the Grand Supercycle that began in 1942..? Will we be at the high water mark for mankind, and a watershed for life as we know it on this planet? Regards, David

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