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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: Bill Harmond who wrote (10661)2/27/2002 9:34:30 PM
From: 16yearcycle  Read Replies (5) | Respond to of 57684
 
Warning: non sarcastic post from me.

My vote is "bubble" from mid 1999 through Nov 2000. If that seems too bullish, recall that we were at 2500 in mid 1999. I also think the trend from 95 to mid 99 was too steep and the trend from 90-95 is more what we should expect coming off of the inverse head and shoulders bottom which will will have formed from April 01, through Sept 01, and a final retest under 1700 sometime this year. (Yes, it might have been last Friday, but I don't think so).

That slope of 90-95 repeated here until nearly the end of the decade gets us back over 5000 on the nasdaq. I think the demographic tidal wave has not been played out yet.

Looking back from 2030, I think the period from 2000-2020 is going to look an awful lot like a replay of 1965-1982.