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

To: Vitas who wrote (32296)	10/24/1998 2:37:00 AM
From: Thomas C (Hijacked)	Respond to of 94695

I dont think you can put Marty Armstrong in the same camp as Prechter and other perma bears...Marty picked the top in the Nikkei to the day, the top of 1987 and the top of 1998.... tc

To: Vitas who wrote (32296)	10/24/1998 9:10:00 AM
From: donald sew	Read Replies (2) \| Respond to of 94695

Vitas, Please dont take it as an attack in anyway, since I do respect your knowledge of the technicals. I have also seen those charts on the 4 year cycles and you have a logical point. That chart only covers the 1990's. How did that chart look during other bear periods, such as the 1970's and the 1930's. I guess my observation is that the 9 month cycles and 4 year cycles are supposed to identify bottoms?. But does it mean that after every cycle bottom, it needs to go up. Cant it just bounce up off that bottom right after the cycle climaxes, then continue down to lower levels. And maybe you are correct that with humanity and the infancy of globalization the market will continue its upward trend untill the whole world hits the limit, whenever that is. Seeya