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To: Moominoid who wrote (59898)11/19/2002 7:56:59 AM
From: At_The_Ask  Read Replies (1) | Respond to of 209892
 
I find dow 400 incredible in the true sense of the word, as in not-credible. Particularly given the self correcting nature of indexes, crap stocks get tossed before they screw things up too badly.

As for the possibility of nuclear holocaust or something dreadful happening the Kondratief cycle calls for wars and things at this part of the cycle so turmoil is to be expected.

One thing that I've seen since practicing ewave is that if the count is very bearish, and correct, bad things will happen. It's sort of like magic. The same with bullish moves, good news just appears out of nowhere. Once you see this happen a few times you will believe. If his super bear count is correct, which is a big if, then bad sh*t will happen.

I'm not convinced that the end of the world is here just yet.



To: Moominoid who wrote (59898)11/19/2002 7:59:51 AM
From: skinowski  Read Replies (1) | Respond to of 209892
 
You raise good points.

(I thought they mean 3 of 3 of C of A down of the very big Bear).

I hope that their long-term count is wrong… that’s all I can say. We live in this brave new world, where even semi-literate morons may potentially acquire great destructive capacity.



To: Moominoid who wrote (59898)11/19/2002 9:27:43 AM
From: Perspective  Read Replies (1) | Respond to of 209892
 
The catch with all E-wave counting is that you can never tell if you're in a wave that's extending. Hopefully they're wrong and our long-term up wave just keeps subdividing.

BC