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

To: Justa Werkenstiff who wrote (8586)	9/29/2002 2:22:57 PM
From: 16yearcycle	Read Replies (1) \| Respond to of 30712

"Until the LONG term sentiment indicators turn bullish, this thing will not end." Can you give me two examples of what you might expect or hope to see, at a minimum? Thanks in advance, Justa.

To: Justa Werkenstiff who wrote (8586)	9/29/2002 7:27:09 PM
From: pressboxjr	Read Replies (2) \| Respond to of 30712

Nasdaq high on 8/22 1426 Nasdaq low on 9/5 1251 subtract those ===== 175 Nasdaq high on 9/11 1347 Nasdaq low on 9/24 1169 subtract those ===== 178 Do the math. Rallies getting shorter in price. Next low could project to 1062. Does that fit the retrace?

To: Justa Werkenstiff who wrote (8586)	9/29/2002 8:07:13 PM
From: 16yearcycle	Read Replies (3) \| Respond to of 30712

I can't link this but fwiw, I am looking at a Ned Davis update on the total market cap vs. % nominal gdp, and he has it down to what looks like 90% right now, down from 180ish. I would basically trust Davis' numbers, although I am in the mood to not trust anything. Also, fwiw and to cloud the soup I am looking at a composite chart of the gold bubble, the dow of 1925-1940, the current nasdaq, and the Nikkei bubble and it shows that the nasdaq has gone the same amount RIGHT NOW, below the lowest part of the composite as it did above the top of it. If the composite were followed, we could go lower but it is suggestive that the most relevent work is done on the downside, and we would be as high in 2008 as we were in the summer of 2000, and then we would collapse again for about 7 more years. Sorry for no link. I will continue to lean short, the majority of the time.