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Strategies & Market Trends : Classic TA Workplace

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To: NOW who wrote (88153)12/22/2003 11:11:23 PM
From: ajtj99  Read Replies (1) of 209892
 
Man, I'm looking at stuff tonight that would make your head spin - MSFT at 30.50, GE at 35.50, CSCO at $26.50, SPX at 1160, SOX at 585, Dow 10,850, etc. Those are some targets I'm looking at if we get a blow up here.

GE and MSFT seem poised to move up (as they have already been). This market has a momentum that is pretty incredible. I'm respecting it until it disrespects me.

None of this makes sense, but you almost need to think irrationally to be in touch with this market. I'm still waiting for the SPX to correct and test 1075, and I may have to wait until 2005 at this rate!
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