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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: velociraptor_ who wrote (35439)	9/14/2001 10:23:53 AM
From: Softechie	Read Replies (1) \| Respond to of 37746

So you're looking for a US market crash here?

To: velociraptor_ who wrote (35439)	9/14/2001 9:24:15 PM
From: milesofstyles	Read Replies (1) \| Respond to of 37746

careful now. yer statements reflect those of the new economy cheerleaders, "its different this time". what does high degree of participation have to do with anything? are you correlating it with a high degree of panic selling? as for world mkts in unison, so what? the us is the world leader, those mkts will follow our lead. has japan's umpteen year debacle affected our mkts? ever? should we have not had bull mkts since their problems originated? i keep seeing people point to japan and its large economy and saying "we need them, we need them". our mkts have been inverse for years. why didn't japan's situation prevent the prior us bull mkt i guess i wonder... as far as debt levels being high, if we go to war, will not be an issue,near term. new spending will come from the govt in the next round and may take the lead where consumer confidence is now looking pretty shaky at best per this weeks report. but if we wind up at war, i would assume production wheels would begin to churn. i think most of the mania has been wrung out. if/when the economy can put together some decent numbers, the market will be rewarded. so far it hasn't happened. this weeks numbers won't help, but i don't think anyone expected further declines due to "dot com mania". i think more are focused on econ data than "past excesses". i posted a few thoughts here regarding historical events. Message 16352796 elliot is not written in stone either. the targets may or may not be reached. its a projection, not written in stone. elliot can often be a hindsight method as targets are not reached and users scramble to "adjust their wavecounts". not a critique on your work, as we have discussed patterns in chat. just an observation of use. i would assume as well the near term is ugly. i'm certainly not going to cheerlead for the bulls. i just see that you think things are "different this time." and that has proven a contrary statement often. milesov