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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: Chip McVickar who wrote (4561)	12/17/2004 1:00:43 PM
From: M3SMG	Read Replies (1) of 12410

Here's my latest Chip: Generally doing what was expected since the 12/3 turn, an abc correction (looks better on ndx, s&p may have already started 5 up and this is just 2 down). We should be finishing the c down today or or early next week with the santa clause turn date tomorrow. We should rally into the end of the year and then have a pullback into mid-Jan, and then we finish off the top at the end of Jan around 1253-1734. I just noticed an s&p dtl off the March 2000 top that is at 1254 on the week of 1/24. Small possibility that this is a top and the rally starts 12/31 but doesn't fit with fund manager bonuses or seasonality. I am accumulating here.

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