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ajtj99

12/18/08 11:45 AM

#137502 RE: Gizmo #137491

I had that discussion with him around 2002 regarding the Nasdaq. He was certain that's what we were in at the time, but I insisted it was the 1929 bubble re-trace aftermath.

We've been following the bubble aftermath at least on the NDX/COMP. The SPX may be the 1966-1982 pattern. However, Zeev was applying the 1966-1982 pattern to the Nasdaq post 2000, and that has proved incorrect so far.