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Strategies & Market Trends : Classic TA Workplace

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To: marginmike who wrote (120787)	6/21/2005 6:57:19 PM
From: ajtj99	of 209892

Well, we're in the end of quarter window dressing period, and there's probably lots of 6-month comparisons and YOY comparisons that are being considered. I think the COMP is in a range from 2050-2150 for the next month and the SPX is in a range from 1180-1229 or so for the same period. After that, I think we move up to 1310 SPX by fall or the end of the year. Basically, I'm bullish for 7-more days, bearish for a month, bullish for 2-months, bearish for a month, and then bullish for 2-months. I'm also looking for 2320 COMP, but not right away. Fed and CSCO in early August are keys as well as the June 30 meeting, IMO.

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