Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: kanuti who wrote (11079)	10/16/2002 10:25:55 AM
From: Jeff	Read Replies (2) \| Respond to of 30712

they skipped over the 32 bottom and went to 33 already...<gg> sharelynx.net

To: kanuti who wrote (11079)	10/16/2002 10:36:18 AM
From: 16yearcycle	Read Replies (3) \| Respond to of 30712

"Surge biggest since 1933". As I tried to suggest to the thread in Aug, a final Oct nasdaq low is very much in line with how we are mimicking the 29-32 dow market. Jeff believes that the ultimate low will be extended out, and his low has this nasdaq bear going longer than the 29-32 dow bear did. We are about 2 months shy of the full length of 29-32 crash, not 4-8 months short. I think it is simply wise to be open to the idea that any low put in here in the next few weeks could be it. If we continue to follow the pattern of 29-37, we would rally to 1400 or so, and then drop back to around here, in early summer, and then absolutely explode for about 2 years. Or we will do what Jeff says and the bear will be a few months longer than the 29-32 one. We'll see. Either scenario, a final low now, or a final low in Spring or later, still suggest extreme caution until the middle of next year.