PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: steve dietrich who wrote (357468)	2/11/2003 1:49:01 PM
From: sea_biscuit	of 769667

See the S&P go through the 839 resistance level and was unable to stay there? We will re-test the 770 levels sometime this year. If the re-test happens before April, we might make a small rally to 850 or thereabouts. Once that rally (probably caused by the start of the war) fails, the next re-test will fail and we will go straight down. Most technicians say that there's no support until 650, so that's where we might end up by October this year, and finish the year with a rally to 700 i.e. a loss of about 20% for the year.

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