To: jrhana who wrote (5748 ) 5/3/2004 12:05:58 AM From: nspolar Respond to of 60911 jr, you are not using different reasoning, really, and I think your post and info very timely. EW knows no real fundamental reasoning per se, it is what it is. This was the basis of fuddle's comments. From pure EW, at least imo, one might then try to go find some fundamental logic to go along with the EW. AFA Hussman I agree. If I was searching for a hedge fund man, he would be at the top of my list, miles ahead of Saville for example (although I am not knocking Saville). Someone asked here recently as I recall the effect of a pegging of the Yaun. I think I said I thought it was dollar negative. It is more than likely. Plus now we are starting to see what will more than likely happen, if we have some global inflation. And ... that is that the dollar will probably continue to weaken against the rest. Until Greenie and his gang quit printing dollars this is the way it is going to be. This is why some such as Sinclair (Roach?) have called for a rate increase. Re Droke and his China related stock market predictions - I think they are on target, just as Sinclair's comments are re China. China is now an engine, and the western economies feed it fuel. Until they quit printing money and seriously pull back, China is not going into a nose dive. The markets look ahead, not back. That rise that C Droke is looking it is either a B wave imo, or a new impulse. Makes little difference short term, it looks to me to be headed up. I am amazed at all the bears. Particularly silver. Silver has done nothing but correct back to where it should have, about, nothing more nothing less. But now it has crashed according to some. Imo, it ain't over here. It could be, but the indices are not to the point to have furnished proof.