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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (767)	2/8/2002 9:36:20 AM
From: Moominoid	Respond to of 206839

gem-x predicts a 1000 point NAS rally coming ahead in wave 3. I think it would last roughly two months, taking NDX to 2400. then there will be a triangle type correction for about 2 months again and another rally to around 3000 to August. That's when IMO a big decline could start... this is supported both by cycle work and e-wave. Timing of macro events (interest rates, USD etc.) will be critical of course. Of my two best performing models an AR(49) model predicts NDX up 5% today. An ARMA(4,5) model predicts 0.5%. Both beat the market but the ARMA model would have been short yesterday and the AR model long.... David