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Alias Born 06/03/2004

Re: None

Wednesday, 07/21/2004 6:21:07 PM

Wednesday, July 21, 2004 6:21:07 PM

Post# of 51804
Market Comments

I'm having difficulties counting the waves from NASDAQ's highs today. There are few if any overlaps to indicate wave 2 or 4s. Could it be a bunch of wave 1's and 2's? That would mean a very strong bear market is under way. 10% drop in 2 weeks? Crash by September '04 ???

The bonds continue their reversal. It looks like there will be a small sell off tomorrow morning and then trading in a range the rest of the day.

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