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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?

To: bobby beara who wrote (4617)	10/25/1999 6:58:00 PM
From: set	Read Replies (1) \| Respond to of 5676

hmm... IBM left a lot of people stranded on that now deserted island. I hope they all had their Y2K provisions. > i believe we finished wave 3 down from the top on 10/15 yeah. I hope you're right. My count calls that a completed wave 1, at least on the dow, so we'd be slogging it out in 2 somewhere about now. But remember my wave skills are not spectacular. IF this is wave 2, then IMO it could drag itself out for many moons, or cyclewise 39 weeks from the July top. It's just an observation I've made toying with shorter cycles that it often takes two highs in a row to put a stop to a strong advance. I'm extrapolating, perhaps too aggressively, that that second cycle high will be in the same neighborhood as this one, give or take a 1000 points either way. Come to think of it, a failed test of 10000 from below in March would be just the right sort of thing. But I don't think we'll see 8000 or lower until after March of next year. But hey I'm trading off of 30 minute charts here so even I am not paying too much attention to my long term expectations. speaking'a which - I'd like to show you some long term gold charts for discussions sake. soon. Shahar