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Strategies & Market Trends : Moomin Valley (formerly Troll-free Zone) -- Ignore unavailable to you. Want to Upgrade?


To: skinowski who wrote (1138)10/8/2005 12:36:47 PM
From: Moominoid  Read Replies (1) | Respond to of 2852
 
Thanks!

I did some analysis using my autoregressive indicator and 89 day Bollinger Bands. The lower one lies around 1500 for the NDX. The autoregressive indicator will also generate a buy as we approach that level if we do it within the week or so. So will be hard to exceed a drop of around 50 points this week. No crash imminent.

Here is a potential scenario that might play out:

rpi.edu

Of course it is also posisble to see wave i there as wave 5 itself and see us in a triangle now, or to see us in a flat correction from that point. E-Wave is flexible and doesn't predetermine the future :)