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Pastimes : Ask da_cheif -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (6323)	10/22/2001 8:33:23 PM
From: Moominoid	Read Replies (1) \| Respond to of 8150

I think the second part of the W is about 8 months out from here, to complete a 9 month cycle and a 4 year cycle from 1998. But I will just follow the shorter term indicators to get a feel for if that is going to happen. The second part of the W fits Prechter's e-wave interpretation with us now in wave B and wave C being the second dip (the first was the end of A). Yardeni is now saying what I have been thinking that housing has to crash first before there is a sustained recovery. Unemployment also tends to lag GDP. Now if both those get in trouble as interest rates rise again on the apparent success of Fed/Administration etc. in staving off disaster, that is when disaster could come. David