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Thursday, 09/22/2005 9:05:27 PM

Thursday, September 22, 2005 9:05:27 PM

Post# of 79025
My thoughts on the NDX.
I think we have a long ways to go to finish the 3rd wave. Wave one (the way I see it) bottomed at 1550.8, a total of 77.8 points. If wave 3 is 1.618 of wave 1, that would take use to 1493. It could take a different fib and go much lower. So I'm not in to big of an hurry to go long yet. My count could be completely wrong. So I will came an eye on the Poor mans daily chart, as I've been burnt before getting to hung up on my count.
As you all know I don't say much. But I'm always reading your posts.
Thank you for all your posts. This is a great board.
Glenn

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