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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: bearshark who wrote (33657)	10/9/2008 7:46:37 PM
From: Investor2	1 Recommendation Read Replies (3) \| Respond to of 208266

RE: "I've only seen one market similar to this before: 1973 - 1974. That took nearly 2 years to tear your guts out, stomp them on the floor, and then do it over again." This feels a lot like the 73-74 bear. Notice that 73-74 produced a lower low than the 1970 bear? That's why a lower low than the 2002-2003 bottom wouldn't surprise me. One could even apply the ratio of 62.34/72.25 to the 800.58 low in 2002 to come up with an S&P 500 low for this current bear market of S&P = 691. Best wishes, I2