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To: Shack who wrote (56484)	10/15/2002 12:28:47 PM
From: At_The_Ask	Read Replies (1) \| Respond to of 209892

When and if does this thing turn Shack?

To: Shack who wrote (56484)	10/15/2002 12:34:03 PM
From: nspolar	Read Replies (1) \| Respond to of 209892

FWIW Shack I think we have completed the 5th in all indices. Is it true the previous '4' is a magnet for the ensuing correction? Even though we discussed the LT aspects of the comp the other day, I guess I still think it has now has completed a major 5 down sequence as well and will now go into a large running flat. Look at the Nikkei from a LT perspective. I believe the running flat you discussed was a 4. On a longer term perspective this would mean a target for a sustained rally would be closer to 2000 than where it is presently at. Sound foolish? Maybe Zeev's bullishness is rubbing off on me. If a bunch of money rotates out of bond funds it won't be foolish. It will probably happen. I really appreciate the tutoring of this board and it has helped me immensely since following. My primary difference from most here is that I'm not a ST trader, so I look at the longer term picture.