Major Stock Market Reversal Forecast for Third Quarter 2004

NDX Forecast, LLC has a unique stock market forecasting model that has confirmed a major reversal beginning the third quarter of 2004. Turning points are evident based on two-year-advance forecasts that have proven to be accurate back to 1995. The company is based in Ghent, NY and is on the web at www.ndxforecast.com.

New York (PRWEB) March 12, 2004 -- NDX Forecast, LLC announces that, according to its forecast model, the broad market indices will turn down in the third quarter of 2004 and continue trending downward for a minimum of twelve months. The companys model has accurately forecast major market reversals since 1995. Forecast charts are available for viewing on http://www.ndxforecast.com.

NDX Forecast, LLC is unique in the market forecasting arena because it projects broad market direction and major turning points two years in advance. Developer and founder Gary Geddie believes his companys accurate two-year forecast model is the only one in existence, and will provide business planners with a highly useful tool. We are opening up our next reversal signal to the financial and business community to provide greater awareness of this prediction resource," said Mr. Geddie.

According to Mr. Geddie, the NDX Forecast has two components, the major market reversal signal, which is particularly useful for individual and institutional long-term investors, and the two-year forecast, which is particularly useful for business planners. Investors are signaled with e-mail alerts when forecasted major market reversals begin. A major market reversal is identified in the NDX model when two conditions exist: (1) a minimum percentage movement of 20 percent and (2) a minimum time span of twelve months.

The genesis of NDX Forecast evolved as Mr. Geddie researched options for investing the gains he realized from selling the software development firm he co-founded in the early 1980s. He served as president and board director with the Inc. 500 corporation, and was also the primary software developer in the companys early years. He did not find investing tools that met his needs so began his own research. I combined my business experience, statistical knowledge, and software development skills and began creating software that could forecast trends further into the future," said Mr. Geddie. It took a lot of trial and error, but I finally struck a formula that works, which includes quantitative, time series, rule-based, and non-optimized model methods." He is now ready to present the system to the public.
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