The Black Box

[dieselfuel]

I just re-ran the numbers on the NASDAQ monthly chart and I come up with 896 being THE low.

But this is no normal market. And, 'TRUE crashes' wipe out 90% (or more) of a bullmarket top. So, going by that, we're talking 513 for the NASDAQ as the ultimate low. Then, a new bullmarket would begin.

I used to think that low would occur around Oct. 2012, but, it looks to me as if we're two years ahead of schedule. So, I guess the low will occur in 2010, instead.

Stay tuned. :~)

FWIW,
df