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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (40291)12/21/1998 1:44:00 PM
From: Mama Bear  Read Replies (1) of 132070
 
"I think we are near the start of Phase Two of this downdraft."

Phase One of the downdraft was the making of new highs, right? I must admit I don't understand how going up can be part of going down.

Edit:
"phase 1, the easy one, was that little downdraft this summer of nearly 2000 points. 2. Phase 2 takes us to fair value near 4600."

Oh I get it, you're one of those Eliot Wave guys.

Barb
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