Here’s another classic from the EWI forecasting vault:
The NASDAQ Composite Index had been surging for years.
In late 1999, Short Term Update editor Steve Hochberg noted that the Nasdaq had a stunning similarity to Japan’s Nikkei Index in 1989 – just before the Nikkei began a grueling decline that wiped out 65% of its value.
![]() |
On March 2, 2000 – 8 days before the Nasdaq peak – The Elliott Wave Financial
|

