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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 (4980)12/2/2002 12:15:54 PM
From: Smiling Bob  Respond to of 19256
 
Here goes the DOW- streaming back
8883 now
New LOD by 12:30-12:45
edit
5 failed attempts to get back in black bodes well for shorts
8879 now
edit
Comment made on Bloomberg radio this am
Exactly what the government wants to hear as air compressors working OT
"The economy will improve because the stock market is improving. People will feel better nad spend more."
DOW 8886



To: Smiling Bob who wrote (4980)12/2/2002 1:32:57 PM
From: Smiling Bob  Respond to of 19256
 
DOW closing target 8775-8780
8841 now
Message 18291193



To: Smiling Bob who wrote (4980)12/2/2002 4:48:53 PM
From: Smiling Bob  Read Replies (3) | Respond to of 19256
 
Guessed we'd bottom near 8750, with a slight late day bounce.
Bottomed 8787 with a sideways bounce. Followed with a rare view of late day profit-taking.
Did break LOD after 1
Headlines can trumpet the resilience of the market today, but I didn't see the same strength we'd grown accustomed to. They didn't want to hold. This week may not be pretty.
Should see 8750 by 11am tomorrow if no exceptionally positive news hits
Message 18291193
To:Jon Scott who started this subject
From: scottonstocks Monday, Dec 2, 2002 11:57 AM
View Replies (2) | Respond to of 4991

DOW 8873
Good or bad news, it needs to consolidate
Should break 8859 LOD within next 1/2 hour
Look for 75-100 pt drop from there

edit-
8775-80 close if we break LOD as expected
8879 now
edit
streaming DOW down, but 8888 now
should give up @ unchanged and head lower