Visitors to this site come from:
Long term Nasdaq prediction chart
The chart below, which I made last year, was first published on the msn.com
site in November 2000.
At that time the prediction made in this chart was met with disbelief.
As you can see the Nasdaq market has been moving up in a beautiful trend
channel since 1973.
In 1997 - 1998 the market broke out of this trend channel to the upside,
creating a big blowoff top in early 2000.
Knowing that 2 Metal years were coming, we predicted that the Nasdaq would fall
back into the old trendchannel.
Projected targets were around 2000, 1500 or 1000 (see 3 small cirles in the
chart) by early 2001, and a final low near the lower end of the trend channel
around 1200 (see bigger circle in the chart) by early 2002.
This chart is very useful to keep a good long term perspective on the market.
You are welcome to subscribe to our free
if you want to be notified when this chart is updated.
Copyright © 2001 - 2023 Fourpillars.net
Disclaimer: Investing in stocks is risky. No guarantee can be given that the
predictions given on this site will be correct.
Fourpillars.net cannot in any
way be responsible for eventual losses you may incur if you trade based on the
information given on this site.
Hypothetical or simulated performance results have certain inherent
Unlike an actual performance record, simulated results do not
represent actual trading.
Also, since the trades have not actually been
executed, the results may have under- or over-compensated for the impact, if
any, of certain market factors, such as lack of liquidity.
programs in general are also subject to the fact that they are designed with
the benefit of hindsight.
No representation is being made that any account
will or is likely to achieve profits or losses similar to those shown.
This information should not be considered as a recommendation to engage in
the purchase and/or sale of any futures contract and/or options.
your own risk.