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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (14144)	1/28/2002 10:18:45 PM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hi Maurice, I tried to get a quote on the bankrupt GX debt today from three brokers and no luck, no trading, last trade was at 9.75 cents. Looking to double, triple or quintuple up. They will keep trying. A famous HK money bag (Li Kai-shing of Cheung Kong and Hutchison) is funding GX for US 750 million, do not know the terms. Li is very good with money, selling Voice Stream, Orange, etc at peak prices right before the kaboom. Chugs, Jay

To: Maurice Winn who wrote (14144)	1/28/2002 11:07:04 PM
From: AC Flyer	Read Replies (1) \| Respond to of 74559

Mq: I understand, I'm with you. To put it another way, the DOW is at the bottom of its 20 year channel. I'm also looking for DOW 16,000, but think it will take 36 months (Jan. '05) to get there.

To: Maurice Winn who wrote (14144)	1/29/2002 5:37:20 AM
From: Moominoid	Read Replies (1) \| Respond to of 74559

OK - you mean more like the projection of the regression type line over some past period. IMO this period we are in is chart wise a parallel of 1987-1990 but down sharper rather than flat as predicted by the Elliott Wave rule of "alternation". This same predicts that there will be a fifth wave maybe through to 2010 before the real financial collapse.... Of course other e-wavers have other counts.... Anyway, I still think though that the markets can get a lot lower before they go to Dow 36000 NASDAQ 12000 in 2010 or whatever... but before that we are going higher for a short while (months) like in 1988-89 as people wondered where the economic collapse to follow the big crash was. David