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.

Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?

To: TH who wrote (4689)	4/24/2004 8:16:12 PM
From: nspolar	Read Replies (1) \| Respond to of 60922

TH, I did a quick read on Petch (I don't rate him highly). He is basically saying that the first major wave up in the HUI is over and that the correction here will be long. I think he contradicts himself a tad in that he indicates the downside from here may not be that bad. If this is a wave 2 primary correction we are in, it will go on a lot longer, and the downside imo would be in all liklihood be significant. I don't agree with Petch ... but he may be proven right. I do agree an EW'er has to be willing to change on a dime (per Petch).