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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?

To: Chip McVickar who wrote (821)	1/11/2001 10:13:41 AM
From: Moominoid	Read Replies (1) \| Respond to of 12411

It's based on this being an inverted head and shoulders bottom on SPX and NAS indices. Height of the head from top to bottom on the biggest up day in history is about 400 points. The nexkline seems to project to around 2600 so I add on the 400 and get 3000 as a target. It might not stay there very long <g> We are as far below the 200MA as we were above at the top in March. >You're better at H&S then I am....I must be wrong...! I'm not very good with bonds! David