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To: clutterer who wrote (139814)1/2/2007 3:56:07 PM
From: skinowski  Read Replies (1) | Respond to of 209892
 
MT, thanks for posting this... It's been a while since I had a chance to see what this interesting analyst has on his mind.

I'll need to get back to this when I have more time and think it over again, but - on the first blush - I notice that his NDX forecast for last year was pretty much correct - unlike that of the Dow. He expects an important top to form in the early part of this year... which is not inconsistent with some ideas which were bounced around on this thread for some time, for ex. "MC's 5th".

His interpretation of the NDX rally since last summer on the daily chart looks very elegant... and (therefore?) convincing.