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Strategies & Market Trends : The Millennium Crash

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To: Thomas C (Hijacked) who wrote (3319)8/31/1998 6:39:00 PM
From: bobby beara  Read Replies (3) of 5676
 
Thomas, nobody has a handle on the future. We just have to muddle through this thing and follow the market day by day.

The down momentum now is much quicker and deeper than 29 or 87 or any other correction in this century. Prechter compared this bubble to the South Sea Bubble, OUCH.

with this kind of rocket shot off the top, he may be more accurate than most of us are willing to visualize.

I am trying to count elliot waves on downtrends on some banks and transports and I am seeing five wave completions that should yield some decent rally and I see a one day wonder before the down leg continues.

bb
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