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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Gary105 who wrote (47925)6/21/2000 3:51:00 PM
From: Death Sphincter  Respond to of 94695
 
those are some good questions. wish I was a guru and had the answers! My guess right now is that todays move gets up some more then we come back to the 4k support, THEN there is 1 more move up before we get a sharp decline. certainly doesn't appear to be a whole lot of resistance between 4000 and 4500 does it? Now, unless something negative occurs during the upcoming pullback I don't expect to see new lows on the NAZ..but, heck, who knows...we have to wait to see what developes.........over all I am still thinking SP 1625 eventually and then a big drop to 1200's...it will take time

Carl