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SyndicateTwo

09/19/06 12:17 AM

#568 RE: randygee #564

I doubt 1900. There's just too much money in the system ready to buy the dips. But the amount of selling could be powerful. There's no doubt a correction is coming, the unknown is the magnitude. When it comes to predicting Nasdaq, all you really can do is take one support at a time.

I made this chart labeling what I perceive as the Elliotwave count. I only found 1 ABC correction back in Jan. I could be wrong counting this, but it looks fairly clear...