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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (21817)7/2/1999 2:49:00 AM
From: Clint E.  Read Replies (1) | Respond to of 69830
 
Hello Harry. That target from Jan. has already been met, primarily due to strong breadth(small-caps), something that I had not accounted for.

When I came back from vacation a couple of weeks ago and the NASDAQ was hovering just below 2600, I thought we could do another couple of hundred points(#reply-10206729), putting us at 2800. I cannot see us moving much beyond that.

We could do another 4-5% in major averages; 2800-2850 in the NAZ, 11400-11500 in the DOW, and 1420-1430 in the SPX. We will have our short-lived Summer-Earnings rally and then go back on the Fed/Economy watch.

>>>>will you stick with the plan and essentially take the rest of the year off....

Hum! What do you think? I give you a hint. What time is it now and what am I doing up????!!!!

Clint



To: Johnny Canuck who wrote (21817)7/2/1999 4:10:00 AM
From: Clint E.  Read Replies (1) | Respond to of 69830
 
fyi, found this charting site. easystock.com

ok, going to bed.