Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (30922)	10/8/1998 7:50:00 PM
From: Brinks	Read Replies (2) of 94695

Prechter believes this is a Grand Supercycle Bear Market which we have not seen since the 1700's!!!! Needless to say a once in a lifetime situation. From a fundamental standpoint (See James Stack Investech) this bull market exceeded all other bull markets by a mile. No comparison!! He is still maintaining the "potential" of 3675 or 2365 Dow by early November. Per Merrill Lynch 45% of all stocks are now 50% below their 52 week high..... For those of you who lived through the 1974 and 1982 markets you understand the potential rewards here. For those who did not, well, welcome to your first "real" bear market! Guess how long Prechter thinks this Grand Supercycle Bear Market will last? I don't want to spoil the party.... BTW I see a lot on the slope of hope (opposite of wall of worry in bull market).

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