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Non-Tech : Raptor's Den -- Ignore unavailable to you. Want to Upgrade?

To: mansan who wrote (3821)	9/26/2002 1:26:11 PM
From: SBerglowe	Respond to of 10157

I am ready for a big BARF. My favorite stock to BARF is EBAY. I commend the chart to you. Just bought a few JAN 60 pootskies to give this bloated pig time. Here's what David B. said to me today: Regarding NDX: The outlook in Report #79 was for down-up-down early in the week to finish at 845 on Tuesday. The initial slide went deeper than planned but did end up at 844 for Tuesday's Close. The projected path called for gains on Wednesday to 878 -- exactly fulfilled with the High at 885 and Close at 880. The next stage involves a sharp reversal triggering a collapse down to 806; however, this morning's upside push signals an extension as far as 904. Note that the 26-point upshift from 878 would exactly match the 26-point downshift on Monday from 856 to the actual Low at 830. In any case, the larger structure has unfinished business on the downside and Monday's Low did not have the characteristics of an important trough. Regarding NDX and SPX 806 for Thursday's Close: Clearly it would have been better for this forecast had the market completed the bounce at Wednesday's Close and then opened with a downgap on Thursday. Instead, the upgap suggests that the timing for the joint 806 is now much less likely for the 26SEP Close. Nevertheless, the overall structure still points to another oscillation -- ie. down to 806, up to 870 -- prior to the final sell-off targeting 791 on 08OCT.