Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Perspective who wrote (128071)	1/13/2006 9:54:02 PM
From: The Freep	Read Replies (2) \| Respond to of 209892

So, bobcor... with that as your favored long term, how does that impact your trading for the next, say, 3 months, 6 months, or two years? If this is a 5, do you think it's done... or at a failing point? And how do you tell? I see where you think we may fail to make new highs (and not just in the naz)... but how do you know when that kicks in? I'm not asking these questions just to make ya work, but also to see if I can understand how having such a long term count can impact any trading in, say, 2006. Thanks! the freep

To: Perspective who wrote (128071)	1/14/2006 7:15:00 AM
From: skinowski	Read Replies (1) \| Respond to of 209892

I think if you would expect a great mighty final wave, with bubbles, euphoria and all the bells and whistles - in that case, there would be an important difference, thinking in terms of 2-3 years. But - if what's at issue are a bunch of weak and/or failed waves, then in the end it all adds anyway up to a process of rolling over - sector by sector. We have too many indexes and measures... in the old days there was the DOW, and that was it. Speaking of the DOW, a new high would be either the fifth wave (bearish scenario) -- or, it would have to be the top of a "B" of a large running correction off the 2000 top (bullish, after another hard "C" bear market, maybe to new lows). The world at large has many unresolved - and in fact worsening issues -- from energy and environment (and war), and to overcapacity and overabundance of... shall we say, human resources and human talent. Hundreds of millions of people all over the world are coming out to compete with the established prosperous nations. Few seem to talk about this, and just about no one has any serious real idea where all this "globalization" leads -- habitual romantic notions about infinite human ability to solve problems... notwithstanding.