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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: Jeffrey S. Lillie who wrote (10556)10/14/2002 12:35:34 AM
From: KevinMark  Read Replies (1) | Respond to of 30712
 
>>>For me to change to the bullish side, i would need a good 3-5 days trading above 1300 in October/ early Nov .

What type of scenario would it take for you to switch to the bear side.
<<<

You will see 1300 by mid Nov if not sooner. I believe we'll run hard into January of 2003 after Oct. 23rd, will that be a top for the year?? We'll have to see how the indicators look by then. But, one should take a look @ GE and IBM along with the other indicators I have mentioned. We will do nothing but back fill from here to fill the gaps, then it's off to the races. Most stocks have already hit their bottoms for the year. I'm glad I loaded the boat on BRCD @ 5.3 and BRCM @ 9.60. You're not going to see prices that low again this year.