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

To: Zeev Hed who wrote (29122)	9/28/2001 10:47:12 PM
From: ajtj99	Read Replies (1) \| Respond to of 30051

Wow, mess with SS income? That would bring Claude Pepper back from the grave. One thing I was thinking about today was the nice orderly way in which your scenario could end up at around COMPX 1200-1250 (the correct 2003 crash value in my opinion) when it all ends in 1-2 years. If we get a rise here that is stopped dead around 1700-1750 by the descending trendline from the January highs, reverse to a technical double bottom 2-months later, a-la 1987, and then go to 2250 and meet our demise at the hands of the descending Sept. 2000 Support/Resistance line, we'll have a nice set-up for a H&S ending (After a bear-rally after the high). Where would that ending be at? 1200-1250 COMPX. It is all real pretty, logical, and technically plausible. It may be an agonizing market from April 2002-October 2002 and during the same period in 2003 if this plays out. The script written by the turnips impressive.