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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Oral Roberts who wrote (42979)	6/26/2003 11:45:27 AM
From: TimeToMakeTheInvs	Read Replies (1) \| Respond to of 57110

Yes indeed, interesting times! What would be your estimate of upside on the spx? maybe 995 or 1015. that would be guessing end of quarter effect has a positive bias no matter what all the other TA says <g>. OTOH, maybe we fake up, head to 8945, or 950 or whatever and then head straight up to screw as many as possible with greater volatility. Am not sold on the big 5 up, but am sure not discounting it after all we have see since the bottom last fall. In fact, maybe a completion of such a 5 would only be the end of a 3 at a larger degree (if one is an ewaver). Also not sold we are in the big 3 down, LOL - stockcharts.com (see second chart). Maybe longer term straddle territory, if one is so inclined. tim