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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (11005)3/4/2002 6:19:39 PM
From: Murray Grummitt  Read Replies (1) of 19219
 
<<I got SPX 1,205 minimum upside in March all the way to SPX 1,230.>>
I sure hope your upside target is right!
Today's close was 1153.84, therefore 1,205 is another 4.43%
Friday's gain was 1.8% and today's was 1.95%
Assuming we the SPX doesn't loose momentum (which it will) we have another 2.5 days up at the present rate before we reach your minimum target. I got to hand it to ya, you sure called this one. A bit early, but no consequence to me, I was on the sidelines in gold. When I used to race sailboats they called me "Mr. Premature" because I was over the start line early all the time. You don't want to get a handle like that one! LOL
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