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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 652.53-1.5%Nov 20 4:00 PM EST

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To: bearshark who wrote (36356)1/1/2000 1:07:00 PM
From: bobby beara  Read Replies (2) of 99985
 
>>>>>>TEMPLETON: I'm optimistic. If you take a longer range viewpoint, I think there's a better than even chance that in the new century the Dow Jones Industrial Average, which is now 11,000, will go up above 1 million.<<<<<<<<<<

thats a hell of a lot of optimism there = peak optimism???

the nasdaq decade fractal has been somewhat mirroring the nikkei 80's fractal, both even had a financial crises before the final parabolic blow-off, if this fractal continues to play out after we top out here we should see the nasdaq correct to the gap breakout around 3000 over the next several months, my guess is early march.

but then again, acampora just said nasdaq 5000 so i'm probably wrong -gg-

b
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