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Strategies & Market Trends : TIMING INDEX MUTUAL FUNDS -- Ignore unavailable to you. Want to Upgrade?

To: John T. who wrote (97)	2/9/2000 12:33:00 PM
From: Lee Lichterman III	Respond to of 428

I am extremely tired so I don't have a short term target but I am a strong believer in forks and I have an ultimate much lower target for the NASDAQ but not necessarily this pullback but sometime in the next few months. If you start an Andrews pitch fork off the first high of the 1995 acceleration in rate of climb on a weekly chart ( I don't have a chart up right now for an exact date) then put the bottom tine on the October 97 low and the top tine as of today's high, the middle tine contains all the tops up until the fall 99 extreme rally that made the 3 peaks of Jerry Favors 3 peaks and a Domed top. The middle tine forms support for those peaks then the dome shoots up to this morning's high. Just falling back to the median tine would put the NASDAQ around 2500 and a fall to the bottom tine, well lets just say there will be blood in the streets. <ggg> I have to go to bed, I can't keep my eyes open, Good Luck, Lee