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


To: GROUND ZERO™ who wrote (31128)10/10/1998 1:37:00 PM
From: Brinks  Read Replies (3) | Respond to of 94695
 
GZ Prechter believes this is a Grand Supercycle Bear Market which we have not seen since the 1700's!!!! Needless to say a once in a lifetime situation. From a fundamental standpoint (See James Stack Investech) this bull market exceeded all other bull markets by a mile. No comparison!! Prechter is still maintaining the "potential" of 3675 or 2365 in near term. The 400 comes about in year 2003-4. Needless to say he believes this is going to be one looong bear market. Reading Martin Armstrong's piece one can see how this is going to take a long time to work out. The crash of '29 was a "mere" supercycle bear market. Hey with a Federal Debt load of $ 5.5 Trillion the government is leveraged also to the sky..................