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Pastimes : Ask da_cheif -- Ignore unavailable to you. Want to Upgrade?

To: Chip McVickar who wrote (1155)4/23/2001 6:34:28 PM
From: Mike M  Respond to of 8150
 
The two NDX scenarios for the next high/low:
bullish 1600 (-19%)
bearish 1150 (-42%)

Neither of these scenarios reflects a positive test on the NDX, Chip.

On the other hand, the Dow and the SPX show a clean zigzag since March 22 (the Dow still needs the 5th wave in the next few days).

It would appear that thus far in the correction, the DOW and S&P are better postured for a fifth wave than the NDX to "test positive".



To: Chip McVickar who wrote (1155)4/23/2001 7:33:24 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 8150
 
Here's my take on these markets... my work says these markets could be down and then up, or it could be up and then down... but then, it could also be unchanged then up or down followed by a move in the other direction, or not at all... and, then again, it could close higher or lower from there, or maybe unchanged..... and I'm willing to bet money on it too..... um, lemme see, did I miss anything.....<g>

GZ


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