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To: bcrafty who wrote (32917)3/2/2002 4:56:44 PM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Nope. After a few wiggles, I remain convinced that the next significant move is down.

For those who read Elliott, I would recommend the following exercise:

Take the top 200 stocks in the S&P 500. Now, eliminate the tech stocks. Of the remaining majority, cycle through them looking at a monthly chart going back to 1997 or so. I find it helpful to use small charts for this so as to accentuate the overviewness that I am after.

When I do this, I see good evidence that the next required move in the non-tech bear market is a C down.