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To: Jerry Olson who wrote (88440)12/30/2003 9:10:00 AM
From: JustTradeEm  Read Replies (1) | Respond to of 209892
 
Your room watching RMBS ? Could be a squeeze day .... JB



To: Jerry Olson who wrote (88440)12/30/2003 10:54:39 AM
From: nspolar  Read Replies (1) | Respond to of 209892
 
Oi Oi!

UB!



To: Jerry Olson who wrote (88440)12/30/2003 11:52:35 AM
From: ajtj99  Respond to of 209892
 
OJ, the 1710-1735 NDX area is kind of a double top, so if we get there, it should be surpassed, IMO.

I'm kind of looking at a ladder effect where a final leg up in the first half of 2004. Maybe a pull-back from 2100 COMP to 1900, a move up to 2260 COMP that triggers a test on the NDX of the 1735 highs. That in turn would trigger a triple top, which we don't do, and a test of the .382 re-trace off the all-time highs on the COMP.

There are also historic channels that may come into play also if that ladder effect happens. We'll just play it one step at a time.



To: Jerry Olson who wrote (88440)12/30/2003 12:30:15 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
<<...staggering 1710??????? >>

JO...... that would take NDX back to the area of the Jan '02 highs.......and that's where I've been projecting that the other major indexes are heading..