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[CRUISENAL]

What a hell of a guessing game this is, LOL! I am revising my thoughts on the NDX. I expect a decline over the next 10-12 trading days to NDX 2600, a 23.6% retrace. I look for support at the lower BB at the 60 EMA. From there it's up to somewhere. Maybe 2800-2810 or maybe 3000-3025. And the pullback might get to 38.2% or around the 100 SMA. But i nee NO big decline until later in the Summer or in the Fall and then i think it will be a high probability. Could it extend into 2013? Yes, anything is possible. Allot of this is based on weekly charts and previous tops of the market. I just don't see the highs we are at now as THE TOP. In E Wave terminology, I suspect we are near a Wave 3 Top. Wave 4 will decline to NDX 2600 or 1350 SPX or 12800 INDU. Then it will be higher than current highs into the Summer. Wave 5 up should begin in early April and run into June and maybe into late July or August. IF these levels are made, I think it will be very hard to get much higher. Anyway, that's my weekend rant! Alan