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Strategies & Market Trends : Longer-Term Market Trends -- Ignore unavailable to you. Want to Upgrade?


To: AllansAlias who wrote (1937)10/24/2008 10:11:44 AM
From: Perspective  Respond to of 3209
 
Oh, he$$ no. Of course not. I'm just speaking of a 6-12 week respite. The four of C, something to match March-April. Then we have a multi-month fifth wave to deal with. My suspicion is that 3 of C needs to probe below the 2002 lows, but they end up "holding" and 4 of C comes back up to our recent triangle. Will post a pretty pic later. The 5 of C should break down to significant new lows. Then we get a multi-year cyclical bull before another leg of the secular bear.

I think I'm going to want a break, and the 4 of C should be a good time to step aside and watch to see how much this ripples through the real economy. Jesus, how many economic decisions have been rendered absolutely unprofitable by the collapse? What price are inputs? Your guess is as good as mine! Just throw a dart...

`BC



To: AllansAlias who wrote (1937)10/24/2008 10:18:05 AM
From: Perspective  Respond to of 3209
 
Heck, I finally started looking at individual stocks. We're not even close. They haven't touched the banks, or a handful of strong issues that remain. There is a whole group of sacred issues they continue to hide out in. When the bottom really gets here, they will ALL join in the decline.

`BC