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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?


To: Smiling Bob who wrote (4777)11/8/2002 9:47:32 AM
From: Smiling Bob  Read Replies (1) | Respond to of 19256
 
Today's DOW target
8585 now
Message 18209553
If my near term targets pan out, 8340-60 close/lod tomorrow, after battling with 8400 support



To: Smiling Bob who wrote (4777)11/11/2002 1:47:08 PM
From: Smiling Bob  Read Replies (1) | Respond to of 19256
 
8400 was delayed, but appeared today.
We should close at 8375-90 level today
8440 now
The intraday trading probably projects a much better image of where we are heading. The closes have been too often manipulated.
Answer to PM
Here's how we get to new lows in short time
No real crash
Below 8k this week
Below 7500 next
A lot of days like today with an occasional up day will get us there
1:4-1:5 ratio of up to down days
-100 to -200 pts
This Iraq thing is serious business. The threat alone will take the markets down and keep it down. When you join the war threat with the continuing signs of an economy not ready to rebound anytime in the foreseeable future, you have a market that is way overpriced after the Oct rally.

Bush is ready to fully commit to ousting Saddam. Not necessarily because of his own strong beliefs, but more to finish his father's work.
Without his father, he wouldn't be in the White House.
Message 18204678
War jitters weigh on investors
marketwatch.com



To: Smiling Bob who wrote (4777)11/11/2002 3:29:20 PM
From: Smiling Bob  Respond to of 19256
 
One day late, but looks to hold
Intraday chart shows 8400 putting up fight
Message 18209553

To:ajax99 who wrote (4775)
From: scottonstocks Thursday, Nov 7, 2002 5:05 PM
View Replies (2) | Respond to of 4806

Thanks Conrad
DOW needed to see 8800 before it caved.
And today's not even Friday.
They'll need to pull a rabbit out to draw buyers tomorrow.
Any negative news will be magnified tenfold, and will make tomorrow the reverse of last Friday
finance.yahoo.com^DJI&d=c&k=c1&a=v&p=s&t=5d&l=on&z=m&q=l
We've returned to Monday's close, wiping out this week's lame gains
If my near term targets pan out, 8340-60 close/lod tomorrow, after battling with 8400 support