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To: John Madarasz who wrote (34349)3/18/2002 12:21:55 AM
From: Shack  Read Replies (2) | Respond to of 209892
 
Thanks John. I have been working on some long-term counts this weekend and am having a hell of a time arguing for any sort of collapse coming anytime soon, at least for the DOW. The 3 year chop in the DOW is much more indicative of a corrective structure which will one day break to the upside. I don't think that time is at hand but it is in the back of my mind.

In the near term, all indicators are lining up for a decent sized decline but I am doubting we break any key technical levels.