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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: HighProb who wrote (6774)7/7/2005 7:48:16 AM
From: wmwmw  Read Replies (1) of 12411
 
THis is a start of a big move, could see Naz 1900 or lower, and the bottom no earlier than early August.
In 2003 we had a bottom on 8/8, in 2004 the bottom was on 8/13, so I have around 8/10 as the bottom of this decline, (possibly year low). The last decline we had from 3/7 to 4/29, about 50 days, from 6/23 goes another 50 days we have around 8/10 to finish this drop, which is due to seasonal weakness.
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