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

To: mishedlo who wrote (7183)	1/23/2003 9:31:33 AM
From: GrillSgt	Read Replies (1) \| Respond to of 10157

Well could today be day 1 of the cycle? The gap rule for the naz says higher and so does es. ES Trading above 888 will get the bulls running for 892 and 898. 905 is tops for a blow out rally. A dip back below 881 takes us back to 876 lows from yesterday. I would expect those to hold. Below there and the 868 recent lows are in play. I don't expect this today. NQ 1030 is the spot. Trading below here keeps the lid on the rally. We need to breach this area to run to 1040 and 1055. Trading back below 1015 is bearish and could take us down to 1005 and 999 target. 975 is extended target for weakness. Dow trading above 8350 is bullish but 8450 is the spot to get the ball rolling for the bulls. Trading back below 8300 is bearish. 8200 would be a target. I dont expect this today. Well maybe today is the day 1 which should produce a nice rally today. Don't know how long it will last or how powerful it will be. Look for gap rule to hold.