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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Bull RidaH who wrote (47077)4/24/2000 12:14:00 AM
From: IndexTrader  Read Replies (1) | Respond to of 94695
 
David,

Thanks for posting your count. The cycles are all pointing up, so it will be interesting week.

Any chance we will see one of those 3 of 3 of 3 of 3's for the Nasdaq?

Thanks
Susan



To: Bull RidaH who wrote (47077)4/24/2000 10:45:00 AM
From: Bill Ounce  Respond to of 94695
 
re: sphincter cleanliness

I hope you're correct, but we may be encountering a few factors we haven't seen much of the past few years.

(1) Inflation looks like it's really trying to establish itself. It's not like that imaginary phantom we've gotten used to over the years.

(2) Microsoft uncertainty in legal and growth.

(3) NASDAQ PE was much higher at the start of this correction than for other ones.

These sorts of things might swamp your otherwise accurate model. :-)