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Strategies & Market Trends : Natural Resource Stocks

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To: isopatch who wrote (1299)10/2/2003 11:52:29 PM
From: nspolar   of 108760
 
iso, funny thing you mentioned that.

This morning I did some target estimations re the Dec futs. Your numbers are about exactly the same as what I came up with.

If the EW scenario laid out is correct we should build a little mo here tomorrow, then mid week of next week pick up some steam. There will be a little correction but toward the end of it all I think we should expect a frothy little blast that could take us towards 430.

Today imo the indicators were just repositioned a little better than yesterday. I suppose we should be ready for the unexpected, and that is it could all fall through. But I tend to doubt that, and if it doesn't make it here I'll have to tip my hat to the cartel or Greenie or whoever.

Watching C for puts. It it fails 48 I think it done. But it has not failed yet.
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