Hu model record - up 260% in 27 months Message Board

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Strategies & Market Trends : Hu model record - up 260% in 27 months

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To: Steve168 who wrote (16)	7/1/2004 11:28:17 PM
From: Steve168	Read Replies (1) of 32

June 30 Fed decision of 0.25% interest rate increase pushed my model to another test. When the dust settled down, today's market action gave a "Perfect Confirmation" of the sell-off. July 1, 2004 is the first day of this sell-off according to my technical model. The market indices will very likely test 2004 lows, and likely to break down to new 2004 lows.

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