To: cyberian-husky who wrote (26643 ) 12/21/2000 11:29:30 AM From: Jim Willie CB Read Replies (2) | Respond to of 65232 HuskyMan, I hear what you say, truly do I see this past two weeks as a 2nd of a 3-wave decline the 2nd wave grabs the attention of everyone it has a very large downleg it convinces John & Jill QPublic of its reality but you misinterpret my messages I expect a mini-recession in evidence by spring it will not come & go ovenight, naive to think that it will extend into the autumn for certain in my view so next I expect a counter-trend rally into January it will be marked by short covering longs will join, claiming the "bottom" has been seen the short covering will be dominated by hedge funds they will wait until Jan and the new tax year but the rally will be weak, brief, with NO conviction then comes the final blowoff 3rd downleg climax I expect Naz 2000 will be challenged perhaps a Naz low here of 2300 and a rally toward 2600, maybe 2700 by this time fundamentals will show more deterioration the economy and corporate profits I expect canceled orders left & right I expect more waves of earnings warnings these are not one-time events after a counter-trend rally, Naz 2000 target maybe an overshoot to 1900 Husky, lighten up, put your knife away wake up to my epiphany, which is hard for you to understand I have changed from viewing this decline as a counter bull trend correction they are marked by two downlegs, and the 2nd one is done here I have become convinced this is a bear trend they are marked by three downlegs we just saw the 2nd painful leg now comes a counter bear trend relief reflex rally it has a limited upside THEN SHORT THE PISS OUT OF IT, NAZ GOING TO 1900-2000 NEXT give your abuse a break try using your brain, using your ears, and listen for a change you mock well, try listening well sincerely, AHole / Jim