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More Pain, How Much?

Traders Magazine, October 2002

Kathryn M. Welling

Phil Erlanger is a rarity. A market seer who has been more right than wrong this year. The independent Boston-based technician and proprietor of, an institutional service with a retail offshoot of growing popularity, generously shared his thoughts. -KMW Wednesday [10/9/02] was a fun day in the market - for bears. Reduced Maria to babbling about the sort of valuations that should excite investors with 10-15 year horizons. Then came Thursday's rally -

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