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To: velociraptor_ who wrote (30970)2/13/2002 12:27:10 AM
From: 4rthofjuly007  Read Replies (1) | Respond to of 209892
 
I'm curious. Has anyone ever tried to count the 1929 Dow decline?

The comparison to the compx decline shows many similarities.



To: velociraptor_ who wrote (30970)2/13/2002 1:54:15 AM
From: Moominoid  Respond to of 209892
 
My bet is we are in C of B in the NASDAQ count starting wave 3 of 5... but who knows. My Dow count is in wave F of a 7 wave expanding triangle or maybe E of a B wave expanding triangle...

BWDIK

David



To: velociraptor_ who wrote (30970)2/13/2002 6:52:27 AM
From: Mr. Big  Respond to of 209892
 
Not to mention that companies have no pricing power to increase earnings and in many cases deflation is happening...Consumers are maxed out and if they stop consuming we'll be like Japan living in a secular bear market.


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