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To: Box-By-The-Riviera™ who wrote (147790)8/11/2007 7:42:04 PM
From: Shack  Read Replies (3) | Respond to of 209892
 
Yeah, perhaps the premise of the brother wave down to the 2000-2002 slaughter on the Nasdaq is appealing from a trading perspective. But we're talking a sub 1000 Nasdaq based on wave theory. Things would have to get pretty f*cked up for that to happen don't you think? Makes me wanna buy some SWHC.-g/ng

Just a theory for now, obviously. But I would like to table this debate to the wavers on the thread. I can only presume the SPX would have just put in a B top as well on the multi-year charts and could be building a huge bullish flat.....but only after the index returns to the 2002 lows.