I just did Fib on NDX using Sept.2001 lows and april 2002 highs and see the January 2004 highs fell just 2 points short of April 2002 highs. Just now had strategy session with my broker(he is a EXCELLENT broker--classA) We are waiting into next week , but we are both now looking to 2-1 short positions with a stop loss. That NASD top is in for the year, very likely. And SPX might just get a touch of its last high. We both feel the smart money has flashed their 6-month signal. I have looked at 2001 and it did have one last push before a huge sell-off starting 5/23/2001. I am looking to short both SPX and NDX.