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To: At_The_Ask who wrote (43911)6/29/2002 10:12:35 AM
From: AllansAlias  Read Replies (2) | Respond to of 209892
 
How do you make the NDX as being in a wedge out of its December (or January) high? Without playing tricks, I can not get it to be a wedge.

NDX 3,000! I think there is so very little chance of that, unless the bear market is over and you are talking 10 years from now. Anything close to that figure (a 200% rise) is out of whack with anything ever seen in a bear market.

It is my studied opinion that, without serious advances in medical technology -g, I will probably not live to see the NASDAQ hit 5,100 again, and I am only a middle-aged man. (Of course, if I start taking care of myself, I likely have a shot. -g/ng)



To: At_The_Ask who wrote (43911)7/10/2002 8:27:31 AM
From: Moominoid  Read Replies (1) | Respond to of 209892
 
Looking at individual tech stocks I am lead to think that this count is correct and the move since Dec 6 is an ending diagonal which is 5 of A rather than wave C itself which was my favored supposition.

gem-x and da_cheif have been proven wrong... I wonder if he is still selling incredibly accurate forecasts?