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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?


To: CharlieChina who wrote (41187)8/29/2000 3:29:41 PM
From: the Chief  Read Replies (3) | Respond to of 62347
 
We might see a pullback to 3950 ... soon ... that would be healthy, ... but after that ... NASDAQ looks very Bullish ....

In fact ... our estimates are the NASDAQ to reach 5000 by year end ... and you know how bearish we are by nature


I'll check back in two weeks, like last time. Here is what i ssee happening.

Nas/Dow/TSE rising this week Friday small pullback in all markets. Tuesday new buyers enter the market, and are sold into too. However by Wednesday buyers will be few. We will start falling thursday and Friday (triple witcher/new moon) etc etc. Market will enter a directionless period week of 18-21 but generally pulling back.

By end of September;
Nasdaq 3866 and falling, DOW will regain strength on the Nas teckie selloff and will hold 10,900. TSE will take a kicking but Oil stocks and drillers and minerals will help it maintain 10,600. As we enter October.......better wait until this bet is over <ggg>

the Chief