Rande; my previous post bases the targets I mention on historical, seasonal, Prez election year, IPO schedules, unlock schedules, earnings schedules, tea leaves, the varicose vein patterns hidden 'neath Regis Philbin's pantaloons, everything.
The mid-October bottom comes this week, I believe, followed by 4 days of yoyo uncertainty. Then the first rally begins, through FOMC (10/3)... another 3-4 days of post FOMC/superstition-based-on-mid-Oct horizontal trading, then the October/November rally turns to gold.
I normally don't run around with an unchecked ego, and that's not my point in preaching now. I just hate to hear cries of pain, gnashing of teeth, etc.
Just for instance, on superstition week (10/9-10/13) did ya know Transmeta IPO is due? (Sympathy play hint for 2 wks in advance: NSM).
I'm not the world's best stockpicker, but my gauging of the NASDy market has been pretty close since mid-March.
Hope my guesstimates help.
Kevin |