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Strategies & Market Trends : gem-x's incredibly accurate Elliott Wave forecasts.

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To: gem-x who started this subject1/17/2002 6:23:23 AM
From: DEM  Read Replies (2) of 2290
 
NASDAQ count from 2099

NASDAQ Bearish/Expanded flat count:
Wave 1: 2098 to 2026
Wave 2: 2026 to 2058 (.382/.500) retracement
Wave 3: 2058 to 1944 (1.618 X wave 1)
Tomorrow/Friday bounce(?)>Wave 4: Should retrace at least .236/.500 of Wave 3 to 1970/2000/2010....is the bounce going to be accumulation or distributive....
Wave 5: 2000/1980 to 1918/1936

An expanded flat would stop around the 200 day MA and Dec lows, than rally over 2099. Let's hope that this the type of correction we're gonna get...

If those lows get taken out, there's more down to go..

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Subject 51336
gem-x's incredibly accurate Elliott Wave forecasts
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