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To: marginmike who wrote (20117)11/8/2001 12:42:48 PM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Yes, what you are saying fits perfectly with the notion that the first leg of the bear is over.

Let's call everything from Mar 2000 an A. That would now be done. Phase one over. [wavers would see it as 'cycle' wave A]

We now get a prolonged, but tortured rally that will not be easy to trade. That is the B.

What awaits us, maybe a year from now, is the other shoe, the C. It would be brutal.