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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Jim Willie CB who wrote (25794)2/3/2005 3:28:32 AM
From: westpacific  Read Replies (1) of 110194
 
My 2005 Market Call - The year of attempted stablity
PPT in for the fight of its life, remember (once biten twice shy) once DOW breaks and stays below 10,000 you want to short with all the margin you can muster. Until then have patience.

-Down into a March 21st window (shorts)
-Bounce into a May 6th Box (longs)
-Down into the Sept/Oct Box (shorts)
-Long for a rebound into year end (longs)

When all is said and done 2005 will be a flat year at best but will not be the big down year - plus or minus 5%. (Uncle Al still on watch one more year).

Then 2006 January gonna get real ugly, target of Dow 6000 for sometime in that year.

---Remember this is the 3rd year of the bull bounce, history shows the third year offers meager returns at best.
---Gold, topped out for this year and will see further downside in 2005.

Disclaimer: Trade the markets, political events do and can happen and change everything - let the tape dictate AT ALL TIMES.

West
Trade It, Do not marry it
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