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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (22291)	11/25/2001 5:14:46 PM
From: sun-tzu	Respond to of 209892

Great chart, one of my fav's. I'll guess a little later than you...Sometime between Jan and Sep 2004.

To: AllansAlias who wrote (22291)	11/25/2001 5:51:51 PM
From: Shack	Read Replies (2) \| Respond to of 209892

Do you agree with that labelling for the 'V' off of 1982? As we have discussed before, we could be just in a (iv) of V of [V]. BTW, this guy thinks the 1987 crash was just just one leg of a minor degree correction. The DOW lost 40% in that wave off the Aug 1987 high, seems like it should be a higher degree than that. Still think we could get a new high after this bear. Here's an old count I've been tracking. I don't trade off it of course. its just for fun: angelfire.com

To: AllansAlias who wrote (22291)	11/25/2001 5:55:27 PM
From: marginmike	Read Replies (1) \| Respond to of 209892

get back in your cave your early-g- After looking at May rebound and Jan rebound in DOW it seems that the bear rally gets back to its original breaking point and adds a little. Pull up a 2 year candelstick and you can see it. If that pattern holds we still have a nice 10% more up. THis would also deliver the complacency we need for a heart wrenching down.

To: AllansAlias who wrote (22291)	11/25/2001 7:26:11 PM
From: JRI	Respond to of 209892

What's notable about the Dow trend chart from 1933: Comp has a similar channel from 1971 or 1974 (I forget which)...on both charts, they go parabolic around 1994-1995 (Mexican bailout)...I peg this as the period Greenspan became Greenboink, as thought "hey, I can print my way out of anything"..(although I know some go back even to S&L).. My point being, ultimately, valuations could visit 1995 levels before this is over, and, as usually the case, an overshoot to downside is more likely than not (extreme emotion)- which, of course, could set up one helluva a great buying op. Other point, COMPX, at least got back in/below that long-term channel....Dow still looks like COMPX...from about July 2000...scary..