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Sunday, March 21, 2010 8:30:27 PM
NASDAQ Chart is worth watching:
Amateur Investors:Meanwhile the Nasdaq could to be developing a longer term Triangle pattern as the A Wave bottomed in late 2002 which was followed by a B Wave that ended in late 2007. Meanwhile the C Wave bottomed in March of 2009 which is now being followed by the D Wave. Once the D Wave ends then the final E Wave would occur to the downside to complete the longer term Triangle pattern.
Amateur Investors:Meanwhile the Nasdaq could to be developing a longer term Triangle pattern as the A Wave bottomed in late 2002 which was followed by a B Wave that ended in late 2007. Meanwhile the C Wave bottomed in March of 2009 which is now being followed by the D Wave. Once the D Wave ends then the final E Wave would occur to the downside to complete the longer term Triangle pattern.
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