Message 14531139
Happy, I have to subtract from my former target (5200) top the total we went under 3930.
If we bottom at around 3050/3100, then we should be able to go to about 4100 very
rapidly, the second top in January could be as high as 4300, and i no longer have that 5200
in the forecast. The rest still shows a major decline with a first bottom some time in the late
February early March period, and that could be below the current levels.
Last week I was asked for a list of stock for entry during the coming tough week, and some
of these have already reached their target, but I would stay with the same list. Just wait until
you get a really extreme tick on the Naz, and if you want to make sure the trend has
changed, wait until the tick reverse to positive with the trend under .5.
So far, we have not seen that extreme, and thus the decline continues... |
