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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: bart13 who wrote (87172)	10/1/2007 4:10:27 PM
From: westpacific	Read Replies (2) \| Respond to of 110194

Bart - he has 14600 as his first target. Breaking that should prove some difficulty. However if I look at your model, his and Russ with his Crack Up Boom......we could see a parabolic run ahead into year end. With that said, we hit the INDU PF target today of 14100, should see some sell side on this. Also his model showed a potential SPX double top, we have not bettered the old one yet. Right now we are in do nothing mode, short nor long. Let us see what the data presents in the coming week. Really nada was proved today based on SPX still being under its old high! INDU is too easy for these clowns in control to manipulate, to me it is meaningless. Markets are approaching very overbought on Daily as well, forget emotion and let us see what charts present near term. This rally has been met with massive short covering driving it higher. October could present some backing and filling ahead of a ballistic move upward into November and December. Keep an open mind. Charts are trading like Black Boxes running this market......if I forget what I think and just follow them I would be right every time. In time I think charts will fail......that is coming. Nice chart. West