Hello Jimbob: I have been waiting for capitualtion for over a year and nary a sign. I think with all the excess wrung out of the Nasdaq I dont see much more than aother 10-12% left to wring. The S&P to me is a different situation. I could see another 20-25% of a drop beforere its over .But one thing for sure, the market will do whatever its going to do with or without charts, Elliott waves, 3 years down in a row theories.Watch for incresing signs of the little guys short and then the big boys "will take em into the woodshed for a little whuppin"
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