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To: Rarebird who wrote (126563)	11/30/2005 4:37:41 PM
From: Perspective	Read Replies (3) \| Respond to of 209892

Is it really likely that we've witnessed, in the space of about two years (2001-2), the generational bear market that is due to correct the bull moves of the 1980s and 1990s? finance.yahoo.com^spx Possible, but likely? I think not. Why is it so hard for people to understand that an extended bear market (~10 years) is the most likely outcome from a decades-long bull? I really just don't get it... BC

To: Rarebird who wrote (126563)	11/30/2005 4:46:42 PM
From: skinowski	Respond to of 209892

You made those calls in the summer of 1999... Excellent, what can I say. Keep up the good work - and keep us posted... -g I view the Bear as a moment which is preserved and surpassed within the Bull. Yes, the Bias is ultimately bullish My philosophy is more than a little rusty, but you, actually, gave a good description of Elliott Waves... they are dialectic, you know... Each fractal is part of a larger one, and yet it contains - and consists of - fractals of smaller degree... ad infinitum in both directions. And yes, the bias is ultimately bullish - I was able to understand this better when our own IHSC made me think about it recently. The question is, however, whether the Bear has already been "surpassed within the Bull" -- or, perhaps, this issue is still open. I think it is.