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


To: Real Man who wrote (33669)10/9/2008 11:42:12 PM
From: da_cheif™6 Recommendations  Read Replies (4) | Respond to of 206758
 
my best guess is that this is wave C of a flat that will see the 2002 lows......followed by a 4th wave bounce then a minor 5th wave low into december 22nd.......then wave one up of the epicenter of primary wave 3 which will be sloppy as all first waves are and against a backround of bearishness just like the bearishness that pervaded the markets after the 5th wave low of december 1987........then....a wave 2 pullback into october 2010 (4 year cycle low) followed by the big 3rd wave blast.......the 2010 pullback will be like the 2nd wave pullback we had in 1990 (4 year cycle low).....it was a 5 wave decline as you recall and that was when frost and prechter declared the end of the world was at hand........the more things change the more they remain the same.............all of course IMHO.....mark this down......