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To: Perspective who wrote (123036)8/17/2005 10:31:13 PM
From: Shack  Read Replies (1) | Respond to of 209892
 
I just don't understand why people are so opposed to a serious correction

I'm not sure who you are referring to here bc but I assume its the general public. Then isn't the answer obvious? Massive exposure to the stock market. Does that surprise you?



To: Perspective who wrote (123036)8/17/2005 10:31:47 PM
From: Moominoid  Respond to of 209892
 
My count has us in a B wave of a flat or expanding flat or triangle. In the middle option the final bear market low is below the 2002 low, but it will happen in say 2010 at the next 4 year cycle bottom. So yes I am expecting a protracted bear market. But if all of this since 2002 is just C of B (that is what I understand) then this is saying we start going down to new lows in the next year or so? But I can't see how that count really works all the way from the 2000 top. Wish someone would post the entire count so we could debate it.