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To: Jeff who wrote (15434)12/14/2000 7:43:44 PM
From: Jeff  Read Replies (1) of 19297
 
The Nasdaq Comp chart is shown below. The Sept. 1 to Oct. 18 wave projects to the last trading day in December, where a significant high should be expected. The Nov. 6 high to Nov. 30 low projects to January, 7. Expect a trend change at that time (probabaly a significant high) This would match the first big wave and strongly implies a high around New Year's Day. The Nov. 30 low to Dec. 6 high projects to Christmas Day. (The Santa Claus Rally?) See

The next chart is the SPX daily chart. The Sept. 1 to Oct. 18 wave projects to the last trading day in December, where a significant high should be expected. The Nov. 6 high to Nov. 30 low projects to January 7. Expect a trend change at that time (probably a significant high). This would match the first big wave and strongly implies a high around New Year's Day. The Nov. 30 low to Dec. 6 high projects to Christmas Day. (The Santa Claus Rally?)
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