Menu
Forums
New posts
Search forums
What's new
New posts
New media
New media comments
New profile posts
Latest activity
Media
New media
New comments
Search media
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
What's new
Search
Search
Search titles and first posts only
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Forums
Non-Cattle Specific Topics
Every Thing Else Board
stocks
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Help Support CattleToday:
Message
<blockquote data-quote="HerefordSire" data-source="post: 391631" data-attributes="member: 4437"><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><em>Me also. I have seen many double tops which end in disasters. When we hit the top in 2000 I knew based upon the Elliot Wave principal that the 2000 top could be wave three of five waves with the fourth wave ending at the bottom in 2002 and the new top around 2007 to 2010. It could be we are in the fifth and final wave which would push us to 15,000 or so in the DJIA. Either way, it sure does look like the top is nearby.</em></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><em>You got that right! I have studied alot of charts and market history. Another one I found very intersting in the Kondratieff Long Wave. Please do yourself a favor and read up on it if you haven't already.</em></p><p></p><p>The Winter of the K-wave is a dangerous period. But it will be eased for those holding gold or gold stocks. That new bull market is still in its infancy and may yet face a significant shakeout to make its final bottom. But we would all be wise to hold at least a little gold. The winter of the K-wave is upon us.</p><p></p><p><a href="http://www.kwaves.com/kond_overview.htm" target="_blank">http://www.kwaves.com/kond_overview.htm</a></p><p></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><p><em>Thank-you. I always enjoy a history refresher especially when the charts represent more than 1000 words.</em></p><p>[/QUOTE]</p>
[QUOTE="HerefordSire, post: 391631, member: 4437"] 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??? [i]Me also. I have seen many double tops which end in disasters. When we hit the top in 2000 I knew based upon the Elliot Wave principal that the 2000 top could be wave three of five waves with the fourth wave ending at the bottom in 2002 and the new top around 2007 to 2010. It could be we are in the fifth and final wave which would push us to 15,000 or so in the DJIA. Either way, it sure does look like the top is nearby.[/i] 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, [i]You got that right! I have studied alot of charts and market history. Another one I found very intersting in the Kondratieff Long Wave. Please do yourself a favor and read up on it if you haven't already.[/i] The Winter of the K-wave is a dangerous period. But it will be eased for those holding gold or gold stocks. That new bull market is still in its infancy and may yet face a significant shakeout to make its final bottom. But we would all be wise to hold at least a little gold. The winter of the K-wave is upon us. [url=http://www.kwaves.com/kond_overview.htm]http://www.kwaves.com/kond_overview.htm[/url] 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] [i]Thank-you. I always enjoy a history refresher especially when the charts represent more than 1000 words.[/i] [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Non-Cattle Specific Topics
Every Thing Else Board
stocks
Top