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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Mike M2 who wrote (21166)7/1/1998 9:44:00 PM
From: bobby beara  Read Replies (1) | Respond to of 94695
 
Mike, I believe history is a steam-roller and nobody can control it or is responsible. It is a collective effort. The short-term memory and the short-term thinking is in place. That is more true now than probably any time in history. I believe we will have both a short term rally in ASIA and in our markets that will end in a significant top.

Will this be Prechters top or a test of 7000 and a continuing bull, that is the question.

bb



To: Mike M2 who wrote (21166)7/2/1998 12:03:00 AM
From: bobby beara  Read Replies (1) | Respond to of 94695
 
Mike, here is a Roman view of history. The Fibonnacci #55 has been around the block a few times, consider this:

1932-1987 55 years, big turning points.

consider the Prechter crowd calling for worldwide depression in the early 90's, then consider this:

>>>while i would agree it is out of their control now the Fed engineered artificially low rates helped to create this bubble<<<

Would this be considered GRAND supercycle, going beyond the Supercycle range with FED engineering the economy with liquidity to keep the bubble going on and on and on. Think Short Term, mortgage everything.

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