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Realtraders,
It is currently 12 noon et on 3/15/00 and the NDX is currently trading
at 4190. Today's low is 4146.94. Based on the 4660 high set just several
days go, this market has declined 11% and has now fallen within the 13.3%
symmetrical wave structure that I presented in my 3/13/00 analysis of this
market.
This would begin to suggest that we may find a temporary bottom in the
next day or so.
Please read the previous analysis titled "MKT: Long-term Symmetry, NDX -
Clarification" and posted on 3/13/00 for more details.
Just some thoughts,
John Boggio
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