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To: marginmike who wrote (116358)4/11/2005 7:30:11 PM
From: Perspective  Read Replies (1) | Respond to of 209892
 
Think you might be getting a tad carried away with that. E-wave allows a zig-zag counter-secular bull. It also allows a retest of the 2001 lows before a 2006-8 C-up launches, which could produce a flat overall.

Keep in mind that you are in a multi-year upward correction within a secular bear. Corrections are nasty, ugly, difficult beasts to count. See eg. Nikkei:

finance.yahoo.com

Primary thing to remember in the really long time frames is that we are within a correction of the 2000-1 bear, looking for a resumption of that bear.

BC



To: marginmike who wrote (116358)4/12/2005 10:40:35 AM
From: jeffersonkeith  Read Replies (1) | Respond to of 209892
 
From the ultra bear camp, Steve Hochberg (elliot wave international)just on the tube forecasting the DOW dumps by two thirds and the only safety is in cash. Goes on to say gold and oil have had their rally. The markets will be down for at least the rest of the decade.



To: marginmike who wrote (116358)4/12/2005 11:53:23 AM
From: nuclearpayload  Read Replies (1) | Respond to of 209892
 
Maybe you could give your count in all degrees at this point. I'm not sure which OCT you mean when you say five waves up from Oct, but whether it's 2002 or 2004, there is an apparent downtrend of larger degree. Again, would just like to know your count at all degrees of trend here.