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Strategies & Market Trends : Strictly: Drilling II
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To: isopatch who wrote (19697)10/2/2002 10:14:17 AM
From: Arik T.G.  Read Replies (5) of 36161
 
Hi Isopatch,

Assuming the S&P doesn't take out the July low (775 spot, 771 futures) my targets are
SPX - Final target (a couple of months away) is a marginal high over the Aug high (965) probably nothing over 1023
Naz Composite - Minimal target 1320 should be reached rather quickly, next target 1450-70 fits with the S&P target.

Anyway it does look like the Naz has seen it's IT low
Not sure about the S&P

ATG
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