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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 691.66-0.1%Jan 16 4:00 PM EST

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To: Johnny Canuck who wrote (36297)3/3/2002 6:36:35 PM
From: j g cordes  Read Replies (1) of 69877
 
Harry, normally not my cup of tea as it reads like a late night TV infomercial.. but I found part of this intersting in light of the current rally.. ARMS and NewHi/Lows.. I'm also lurking to short this rally (bear trap?).. haven't pulled the trigger yet and am long a few things. cross-currents.net

"Our downside targets for 2002 are as follows (2 in 3 odds):
Dow Industrials 7400-8200 / SPX 800-890 / Nasdaq Composite 1210-1370

Our best case scenario for 2002 is as follows (low probability):
Dow Industrials 11000-11080 / SPX 1249 / Nasdaq Composite 2260-2300"
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