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To: velociraptor_ who wrote (2981)	8/22/2002 3:37:35 PM
From: 1podstock	Respond to of 10157

Velo..one can NEVER say with absolute certainty. Dow CAN go to 9500 (Friday, Monday, etc). It wasn't but a few days ago that you said chances were great Naz wouldn't come close to 1355. Look where we are now. I am not criticizing you, as you do a FANTASTIC job. I just want to merely state that as long as the underlings of the big boys (who are on vacation) want to pump up the markets, e-waves, etc. won't work. Markets will keep going higher until the big boys are done painting the indices. You see, to me (an amateur), e-waves are made to fit to the markets. So, if it's not wave A of part b of i then, it's wave B of part c of ii or else, it's wave C of part a of iii. If one situation doesn't fit the E-wave, then you just change E-wave interpretation to fit the movements of the markets. This is opposed to candlesticks, where an evening is bearish. No one interprets an evening star to be bullish. This is not to say that an evening star can't be negated by a stock, for whatever reason, surging the next day. Not saying one method is better than the next. Yet another triple digit day today. Incredible the way they ramp up the Dow.

To: velociraptor_ who wrote (2981)	8/22/2002 3:58:50 PM
From: McNabb Brothers	Respond to of 10157

Famous last words "isn't going to"! I can go back and show you some similar comments from you about 9000! You are good at what you do, but never say never and be willing to change! Good luck to you! Hank

To: velociraptor_ who wrote (2981)	8/22/2002 6:50:57 PM
From: mishedlo	Read Replies (1) \| Respond to of 10157

DOW isn't going to 9500. Velo if you can guarantee that, we should all put 100% of our money in deep ITM dow leap puts. They have negative time decay value because they are european style. Even if the dow stays flat for 2 years they make money if you hold them. But.... Why can't we gap up a couple hundred DOW points and run another 300. Or gap up 100 two days in a row and run up 300 points additional over 2-4 days. How can you be so 100% sure the DOW will not see 9500, 9700, or heaven forbid another DOW 10K party? Leap puts are a lock cinch lead pipe IF you are correct. That is a huge IF, but how sure are you? In an IRA what % of funds would you suggest putting on such a play, or in the S&P 200% down fund or whatever. For that matter do you have a % allocation for a gold fund? In other words how about some %'s that you think might be reasonable allocation from here on out? Thanks M

To: velociraptor_ who wrote (2981)	8/22/2002 9:32:33 PM
From: Justa Werkenstiff	Respond to of 10157

Velo: Well, the best I can offer you after that post is that the replies to it are looking up and not down. Seems like many are looking up. And it is a natural thing to do after getting ramped day after day. But it is a good sign anyway for a bear.

To: velociraptor_ who wrote (2981)	8/22/2002 10:10:40 PM
From: mansan	Respond to of 10157

I agree, no DOW 9500. They manipulate this market to make it higher and higher before the month of September. They ignore all the bad news and yet the market keeps going up. It is how they spin the news. Have we not seen this so many many times before? All those pundits in the TV are all saying short term it is a rally but they don't know after that. Message 17910105