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<blockquote data-quote="Ryder" data-source="post: 391600" data-attributes="member: 663"><p>I am surprised this thing has held together as long as it has. I don't think it can go another 10 years.</p><p>The S&P topped out at 1553.11 in 2000 and I thought that was the top. It has gone back up to 1540.56 on June 1. Question is will old high hold as resistance or will it push on through???</p><p> </p><p>Long term wave studies show that we are several years overdue now. As Robt. Prechter has poiinted out, a few years is not really not that much when you are looking at a very powerful 200 year up wave. The end result remains the same. The public is always euphorically optimistic as manias reach their tops. And, you can't tell them anything,</p><p></p><p>You probably are very familiar with the charts showing manias, but there are some on</p><p></p><p><a href="http://lynncoins.com/part1.htm" target="_blank">http://lynncoins.com/part1.htm</a></p></blockquote><p></p>
[QUOTE="Ryder, post: 391600, member: 663"] I am surprised this thing has held together as long as it has. I don't think it can go another 10 years. The S&P topped out at 1553.11 in 2000 and I thought that was the top. It has gone back up to 1540.56 on June 1. Question is will old high hold as resistance or will it push on through??? Long term wave studies show that we are several years overdue now. As Robt. Prechter has poiinted out, a few years is not really not that much when you are looking at a very powerful 200 year up wave. The end result remains the same. The public is always euphorically optimistic as manias reach their tops. And, you can't tell them anything, You probably are very familiar with the charts showing manias, but there are some on [url=http://lynncoins.com/part1.htm]http://lynncoins.com/part1.htm[/url] [/QUOTE]
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