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Strategies & Market Trends : Raptor's Den II -- Ignore unavailable to you. Want to Upgrade?

To: bruceleroy1_- who wrote (498)	4/22/2003 3:28:09 PM
From: Kirk ©	Respond to of 3432

The last I looked, none of the major indices has even broken above the high from january of this year so I don't know where all the excitement is coming from. The run from the march lows has been very good but a rip-roaring bull market? The Nasdaq is currently at 1451.63 The point is that many well followed bears predicted quite boldly that these levels were toast. I save a few to see how they work out: suite101.com Raptorgroup 4/8/03: For Tuesday, there may be some early upside, however, the bias is that the recent high near 1430 will not be broken. A reversal back down is expected soon after the opening hours. A break below support near 1389 and then 1378 is confirmation of a reversal back down with next support near 1335. A major top appears to be complete with the highs for the year likely set. Potential range for 2003: High 1520, low 800. Targets will be revised as conditions evolve. I admire Velo for putting out his thoughts and taking honest questions here but you have to admit that we've blown out levels he and others just days ago said would not be hit. BTW, I save da_cheif's predictions as best I can also here suite101.com also. daCheif April 7, 2003: 900 spooz is top of a spando.....thru that its a geyser I try to be fair to bulls and bears. One of them had to be right! -vbg-