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To: elliottrules who wrote (100358)	7/1/2004 1:11:10 AM
From: nspolar	Respond to of 209892

er, I have something similar in mind, but with a different twist. I think Eastern Europe and Asia will lead this boom, but it will be a global boom. The US will participate, but not in total bullish sense. The US market is caught in a huge correction, and will experience some tremendous gyrations, as the forces of inflation/deflation ebb and flow. The US has too many internal unbalances to work out, to get caught up in a full fledged bull run this go. The global boom will turn out to be the savior for the US. I guess we deserve it as we have done our part more than once, in prior years. This does not imply I think US markets are ones to be avoided. Far from it, if you are an excellent EW'er you might come out ahead by playing them.