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To: MythMan who wrote (314808)11/17/2005 1:00:13 PM
From: Real Man  Read Replies (3) | Respond to of 436258
 
No. A correction will not violate October lows, probably
a Fib retracement. A big drop will make a lower low. We just
have to wait and see what the market decides to do. The bulls
will need October lows to hold before the buy signal comes.



To: MythMan who wrote (314808)11/17/2005 2:07:47 PM
From: Jeff Jordan  Respond to of 436258
 
Sure, the same day as the sky falls.....or hell freezes over!

..... I've heard the later happens quite frequently, however I've never seen it happen myself?<g>

ok, I was in my Dane Rauchser Pierce brokerage in Dallas in '87....but the markets recovered in only 4 mos!

When, such an event actually does happen, we won't get anything like 2000? JMO