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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: Jeff who wrote (4308)7/28/2002 8:46:18 PM
From: 16yearcycle  Read Replies (2) | Respond to of 30712
 
Just for fun, I was looking at all the same charts earlier, or time frames. I concluded:

1.1000 nasdaq low between now and late fall.
2.Rise to 1800 by spring 03.
3.Drop to 1250 by fall 03.
4.Rise to 2500 by early 05.
5.Peak of 3750-4250 by early 07.
6.Nasdaq spends all the next 15 years between 1500 and 3000, with most of it under 2000.
7. A new Bull starts in the mid to late teens, and the nasdaq runs from the 1500 level in 2015 to 20,000 in 2040. The dow hits 100,000 in 2040.

I might even live long enough to see it.



To: Jeff who wrote (4308)7/28/2002 10:01:16 PM
From: ajtj99  Read Replies (1) | Respond to of 30712
 
Jeff, logical thinking. The one thing we may want to consider is fibonacci targets instead of percentage targets, as the 40's high was a 50% re-trace of the drop from the 1929 high. That may mean we may not see 3500 for more than a decade.


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