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Non-Tech : Raptor's Den
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To: JRI who wrote (4263)10/7/2002 5:37:32 PM
From: velociraptor_  Read Replies (3) of 10157
 
My ideal target was 1100 on the Nasdaq, 7400 on the DOW and 782 on the S&P. The DOW and ther S&P hit exact. The Nasdaq a little high, but that one was more of a guesstimate.

I have to say, as much as I like being a bear and with all the crap out there, I am really not favoring the bear side as we move further into Oct. I am getting a lot of signals that say a longer lasting bottom of some sort is near so maybe it is time for this leg to end soon and begin a few years of slightly up movement. I still doubt 10,000 is breached again for quite some time on the DOW and the same with 1050 on the S&P (perhaps even 1000). The Nasdaq is harder to gauge.

I'll have the evidence in the next market update.
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