Look at the chart...

[robbie380]

Quote from forex-forex:

Good post and it proves that Nasdaq 10,000 is still achievable by 2010. I like Harry S. Dent's books.


The Next Great Bubble Boom: How to Profit from the Greatest Boom in History: 2006-2010
http://www.amazon.com/Next-Great-Bubble-Boom-2006-2010/dp/B000W3U9CY/ref=pd_sim_b_title_13

Quote from Amazon linkDent gives us all something to look forward to, including:

* The Dow hitting 40,000 by the end of the decade

* The Nasdaq advancing at least ten times from its October 2001 lows to around 13,500, and potentially as high as 20,000 by 2009

* Another strong advance in stocks in 2005, with a significant correction into around September/October 2006

* The Great Boom resurging into its final and strongest stage in 2007, and even more fully in 2008, lasting until late 2009 to early 2010

 

[wallstprodigy]

I 'm thinking of backing up the truck and doing the buy buy buy

 

[JBTrade]

Quote from Asparagus:

if this is a critique of technical analysis, its the best one i've ever seen...

thank you

 

[learner2007]

Quote from jreynolds212:

Here is the big picture. What do we know about price when it gets into these triangles? It can pop out either way...

Excuse me for butting in here, but after seeing the chart
you posted, showing what you refer to as a triangle pattern
(nasdaqbigpicture.jpg),I just felt like recommending that you might want do some additional study of technical chart patterns. Please don't misunderstand. I'm not criticizing your analysis, just trying to be of help.
I'll attach a current daily chart for Gold which formed a
nice triangle pattern late last year.

Hope this helps.