Your Economy (No Politics)

[FinancialAdvisor]

Bullwinkle, I think going under 1500 is inevitable on the Nasdaq Composite based on the upsloping Head & Shoulders pattern I posted back on December 2nd which received much criticism... #msg-4716383 and again in #msg-4962012 I've seen this type of pattern work in the past so I'm sticking to it, being that the Nasdaq broke the "uptrending shoulder" around 1980 and I've given the breakdown target 500 points below the break, I'm looking for 1480... and it could happen in relatively quick fashion based on the current market sentiment, technicals, and most especially the VIX/VXN.

Peace.