friday frollics, page-8

Danube

Why are we so timid in predicting crashes?

'Cause they don't happen every day, lol, and you leave your self open to ridicule.

I will say this. Yes, I believe Prechter could be correct and a major next leg down could be seen and new lows etc., although I tend to think that a new down leg is lengthy and more likely to be slower but persistent

However I think that watching the cycles play out will give us a great indication.

If things are disasterous then the down phases will start to be severe and the up phases modest. If we see modest down phases and strong up phases then forget it probably.

So from now on is the time to get a feel but I doubt we just crash here but hey anything is possible.