Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Death Sphincter who wrote (48802)	10/12/2000 6:20:43 PM
From: William H Huebl	Read Replies (4) \| Respond to of 94695

You are absolutely right... based on the inverted H&S I saw, I DID say the DOW-30 has the potential to go to 15,000... and for a time there, I actually expected it to do so! Then we had breakdowns in numerous indicators which I posted on my website and referred people to it from here, I mentioned that my old 7,900 level was not a bad objective for the DOW. In fact, armed with that information, I placed around 40th in the Ameritrade contest out of 43,073 entrants in last month's contest. So you can see, I do NOT stay with a forecast once disproven (or is it disproved... I forget), and I am neither bullish nor bearish... I merely announce what I see. If you recall, it was GZ who held onto the belief we were going higher when I was saying lower and finally caused him to exclaim, "You da man!" A truly coveted award! <ggg> And it was I who said the SPY was going to 132 (it got there today) after GZ was buying long yesterday (his low came one day late, he sez). I maintained we were going lower and there is STILL the possibility we will go a LOT lower... mebbe tomorrow. If I sound defensive, I am being so. I guess that is because I expect more kudos rather than cold pricklies, as they say. But I can't blame you... you are you and if cold pricklies are all you give then that is all I have a right to expect! <ggggggggg>