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| User Info | Update #3 1929 vs NASDAQ; entered at 2007-12-01 18:25:25 | |||
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4155 Posts: 1597 Registered: 2007-07-19 USA 
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Yes we topped about 1 month ago and had our 1st wave down (That's assuming we don't set a new high) then set a bottom and had a 2nd wave up, now we might be starting a wave 3 down ( Which according to Elliot is the usually the strongest of the five waves) just like it did in the in 1937 on the DOW at the 190 level. On a side note look at the DOW top in 1937 thru the bottom it set in 1938.... count, 1down 2up (where we are now) 3down (The strongest wave) 4up and 5down and done. Example Last modified: 2007-12-01 18:31:48 by 4155
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