Well, a few months ago, I was saying that I was looking for a trading range for a couple of months. It has gone longer than I was looking for and had a bit more extreme of a range, but.....trading range is what we have had for at least 6 months now.
Message 20072634
Weekly Naz chart that I originally posted on Oct8
stockcharts.com[r,a]waclynay[df][pc10][iub14!la12,26,9!li10,10!lh5,5!lp14,3,3][J30811010,Y]&pref=G
I think we have a rally that brings us up around 2000 on the naz, then I think we head down into the election. My general view is that we are going to have a pretty decent rally after the elections (regardless of who is elected), but I am not optimistic about 2005. I see investors wanting to start believing spoonfed bullshit again. |
