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Pastimes : The Big Tex House of Coin

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To: Jeff who wrote (17604)	3/20/2001 4:34:42 PM
From: h8_2_b_l8	Read Replies (1) of 19297

This next countertrend move should be a big one. All that sideline cash + lots of shorts covering and looking for higher prices + MM's stuck with inventory looking to sell to suckers at highly inflated prices + Japan trying to jack prices up before mark to market. I'm going to base the extent of our next rally on the pattern that I posted earlier. My guess is a closing low at 1700ish (1690?). That's 41% off of our Jan 24 high of 2859 and a 41% countertrend rally to 2388, just where all this hell started. This Friday will mark 1 year to the day that we hit 5078 on the Nas and hit the earth in a firey ball. Maybe we'll have a repeat this Friday but with a low?

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