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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (2725)	6/24/2002 11:24:20 PM
From: Jeff	Read Replies (1) \| Respond to of 30712

paul....i'm really only interested in the next two waves....because they should happen this year.... thats a bottom in july....and the 1000 area bottom around october..... those are the next two easy to see points on the final retrace.... the last wave....thats the one thats still not till next spring..... so i just want to see these first two play out....then it will be time to plan out the final bottom area.... because if these first two don't play out.....no need to worry about next years last wave...<gg>

To: ajtj99 who wrote (2725)	6/24/2002 11:47:36 PM
From: Vitas	Respond to of 30712

looking at this S&P valuation index, I would guess the bubble started where the index started to go way beyond the overvalued norm, at the +/- 80 level, in 1998 geocities.com

To: ajtj99 who wrote (2725)	6/25/2002 12:01:00 AM
From: Jeff	Read Replies (2) \| Respond to of 30712

just a reminder on the retrace.....the dow went way lower than where any bubble point started..... it actually went back to a bottom in 1904.... sharelynx.net so remember the saying....the market works to extremes.... we had an extreme bubble top.....to correct that.....don't be surprised by an extreme bottom point.... looking at that dow chart.....pick your extreme bottom on nasdaq...... stockcharts.com[h,a]daclyiay[d19900624,20000324][pb9!b13!b20!h.02,.20!b200!b150!b50!f][vc60][iUb14!La8,17,9!Lh5,5!Le5,10,1!Li10,10!Lp14,3,3!Ll14!Lo15]&pref=G 322....545 whoa.... i'll worry about that one next year....first i want to see how 1000 holds....