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


To: catchingwave who wrote (9984)4/8/2003 2:31:48 PM
From: Kirk ©  Respond to of 10157
 
[in edit]
No Posts from the Host since April Fools day.
Is he still bearish on the private site?

Just checked his free site:

For Tuesday, there may be some early upside, however, the bias is that the recent high near 905 will not be broken. A reversal back down is expected soon after the opening hours. A break below support near 879 and then 874 is confirmation of a reversal back down with next support near 843.

A major top appears to be complete with the highs for the year likely set. Add 950 to the list of numbers that may not be seen again for a while. 900 and even 850 are now on the endangered list.

Potential range for 2003: High 940, low 570. Targets will be revised as conditions evolve.



To: catchingwave who wrote (9984)4/8/2003 2:56:43 PM
From: sq39  Respond to of 10157
 
catchingwave,
seriously,
you want someone else's opinion. (i am very staid. i would
do six months out at 8700 for a djx or dia put.) i frankly
do not have an opinion as to where we are headed but i listen to everyone and feel there is no earthly reason to go up and so we probably will (G). (Oniska's big C wave could be close to 9000). save enough $$$$ to average
down if need be. Mishedlo would tell you to hedge. as i say,
ask someone else's advise. and at the end of it all you have to make the decision for what stress you can handle.
the present trend seems to be up/flat. doing counter
trend is beating your head against brick wall.
good luck, sq