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Re: TJ Parker post# 146568

Monday, 09/01/2003 12:05:46 AM

Monday, September 01, 2003 12:05:46 AM

Post# of 704049
dax is down 75% from 8000 to hit almost 2000 in march<<



so what? recent past history is good for determining a trend, but when the trend changes, uh ohh,

who's to say we are in a secular bear market with this rally here a bear market rally,

what if the decline from 2000 is a wave 4 in elliot terms(a bull market pullback) and we will see an epic rebound? what if?, that's the question, because nobody knows manana. nobody knows where the market will be two months, two years, or ten years from now.

the markets are not rational and people that have subscribed to some 30's novellas on market valuations since 1990 have been left in the dust.

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