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

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From: gemx	4/19/2006 11:55:04 AM
	of 2290

NASDAQ has 4 out of 5 perfect waves..w3 = 1.618, w4 = .382 on the 10 day chart... Most ideal scenario: 5th wave to around 2372-2375 to complete 5 waves up, a corrective Wave 2...ABC zizgag preferably, retracing .382 or .618 (would like .618), followed by a rally back above 2375 setting up a pattern break and a 3rd wave.. If this happens, it could be a great month...but again, there's the Mortimer problem, and hopefully now that tax season is done, he goes a way...FAR away.

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