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


To: yard_man who wrote (4970)3/2/2000 4:20:00 PM
From: Arik T.G.  Respond to of 5676
 
Still the same as my latest response
Message 12730161

Looks to me the market (SPX) has started on a bear market, the 10/99-12/31/99 rally making a rather short but powerfull Intermediate 5 (until 10/99 low is taken out there is still some credence to count that rally as minor 1 of intermediate 5).

ATG



To: yard_man who wrote (4970)3/22/2000 3:59:00 PM
From: Arik T.G.  Read Replies (2) | Respond to of 5676
 
tippet,

Now it's quite clear that the 10/99 - 12/31/99 rally was only minor 1 of intermediate 5, and the 1-2/00 correction minor 2.
3 of 5 are often sharp, violent, moves. This one sure is.
Now it looks to me that we are very close to end 3 of that minor 3. A flat 4 to SPX 1470 area is then in order, and after the 5 (should be normal sized, which means same size as the 1, or around 80 SPX points) to 1530 area, we'll have Minor 4 - also flat, and the final Minor 5 of intermediate 5 of Primary 5 of Cycle 5 of Supercycle 5 from 1932 low.

ATG