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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