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To: Perspective who wrote (657)4/23/2001 12:09:52 PM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
What else do you expect of a super-cycle correction? -g Lots of TL/EV is possible.

Man, if the preceding bull start in 1982, one should expect a bear of at least 4 years, possibly 6. If one uses the 1974 low instead, well, obviously the bear would be longer.

Shack's alternative count still leaves us with an ugly 3. It's what bothers all the Elliott folks -- that down going into early January is sooo ugly.

Shack count reposted:
dshacket.homestead.com



To: Perspective who wrote (657)4/23/2001 12:18:56 PM
From: Shack  Read Replies (1) | Respond to of 209892
 
I just started looking at that one. Everyone hates that 3 so much but if we crack 2250 Nasdaq, I see that as the count. Otherwise the bull is back and I just can't accept that.

If we are correcting the 1987 move , then that C brings us to triple digit Nasdaq in fairly short order. It is still "only" a correction, but WOW!


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