friday belting, page-64

Mreinke

That's interesting.

If we are to decline for 9 months then a "crash" is probably unlikely.

My thoughts were a brief crash into Nov OR a slower move into March with a year end rally in there.

Often bear markets do have a sharp move for the A wave and then a slower more grinding C wave.

2008 was good as the Fib sequence of lows from 1974 indicated.

8, 13, 21 and 34 years.

21 years or 1995 was actually late 1994 so I could accept that here as well.

SITM irks me as they tend to drip feed you minor stuff and never reveal the killer stuff, or at least that was my experience eons ago.