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Mix-Ansicht- E.W. bekommt jetzt politische UnterstĂĽtzung: WoW! - Emerald, 10.01.2004, 09:47
- Gestern haben wir womit begonnen? - Heller, 10.01.2004, 18:39
E.W. bekommt jetzt politische UnterstĂĽtzung: WoW!
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Get ready for a crushing decline in equities.
If I am right, SPX could be trading at 600 in May of this year to complete wave A down. This would corresond with the Oct 96 low in the index.
That would set up the rally into 2005/2006 then the final crushing low after that...........
Early to say - ALL MY STUDIES AND MODELS said this rally was over in JULY! THE FED decided otherwise.....this time I feel they will not stop this coming crushing decline.
IMO there are many forces in the world that do not want Bush re-elected and this could all play into the models I am looking at. (Comment -"By the way -- I believe that the only way that Bush can lose the election is if the economy falls apart between now and November.) The technical models support this statement!
This next drop is now going to catch the longs buying every dip and being wrong.
Not willing to get into all the technical studies but let me say this. We have entered the downside of a Wall Three Cycle, the October 1987 crash happened on the downside of a Wall Three Cycle.............
I also feel 2005 will be a bullish advance, a smaller one - could this be the bull move into the election of a new President. We shall see. But it will be a headfake as deflation will finish what is left of the bulls with a crushing decline into the end of the decade.
But I go against all the bullish statistics, this time there data will be proven wrong. RR said it that no technicals have worked in this advance, so the same may be said about all the bullish technicals as well.
Many of these studies are ones followed by very few and never discussed anywere I read on the Internet.
PS: Gestern haben wir damit begonnen!
Emerald.
(Quelle: Richard Russel's Bulletin-Board)
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