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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: scotty who wrote (20325)	10/16/2002 11:39:23 AM
From: SliderOnTheBlack	Read Replies (1) \| Respond to of 36161

re: Merriman ? Unless we see a "Rally" - of which a pimple on an elephant's ass-esque DCB does NOT qualify; what did he nail ? And if he thinks this was THE bottom, or that we'll see it in the next 15 weeks - that remains to be determined ? I think he couldn't be further from being "right", or having nailed anything fwiw. Also re: his comments of a "4 to 8 month" Bull Market ? Can a bull "MARKET" be only 4-8 months ? That sounds more like a "leg" or just another trading range move than a "BULL MARKET" imho. "Markets" are multi-year cycle moves imho. Also; can ANY extension of the NASDQ be called a "BULL MARKET" untill say 3500,or even 5000 is taken out (vbg) ? Could you really call a move from 1200 to even 2500 in the NAZ - a "BULL MARKET" - or merely the recapture of 1200 of 3800 points lost in the TECH WRECK-BEAR ? Can a new Bull be born without taking out prior BULL highs ? Semantics of course; but just curious as to how BULLS seemingly want to point the the speculative Gold bubble high of $800 in 1980-81 and then claim that GOLD has been in a still 20 year BEAR market ever since, but won't obviously be doing the same untill the DOW takes out 12,500, or the NAZ 5,000 - now will they (ROFLMAO ????) ["...A 4-year cycle bottom is due in the U.S. stock market. Whether it occurred last week, or will happen sometime in the next 15 weeks, is not certain. We will monitor the situation closely with our subscribers. My best guess is that this rally will end in the next week or two, and be followed by another serious decline into November-January, and then that will be it for several months. In other words, a 4-8 month or greater bull market is due to start at any time now, before the end of January, just as we have been forecasting in the past several weeks."]