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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Bosco who wrote (16239)5/21/2001 2:14:39 PM
From: Sabrejet  Read Replies (2) | Respond to of 30051
 
Hey Bosco! This thread is getting too emotional as of now. There is one major flaw with all these predictions and calculations of NAZ 2820 etc... and that is if we ARE out of the bear market then these moving averages can be targets of support and resistance but until the economy shows, and specifically the energy environment, there is no way to even begin to predict what this "bull" market is doing, HA!

I am still cautious and very nervous because I get the feeling again that no one believes they will be the last one out the door, turning the lights off! No need to argue any profit projections etc... we all understand that but this still feels sour.

A major assumption can be overlooked. I believe this thread is currently doing that!

Sabre!