Zeev's Turnips Patch-No Politics (ZEEV)

[porter]

Shack--


What you're labelling as A-B-C I am labelling as Waves 1,2,3. What follows for you is Wave 3 DOWN and what follows for me is still Wave 4 (A-B-C DOWN) and then a final impulse up to complete Wave 5. While it is basically an academic exercise for a daytrader, your count is expecting a severe decline. Mine isn't.

Bear markets do create a generation of people that never again go into the market. Maybe a decade-long stagnation will bring this prediction to fruition.

In the meantime all the best.

--Porter