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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Kailash who wrote (80231)	6/29/2008 5:54:14 AM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 94695

I have to agree with you, my model has been short since June 6th, and there is no buy signal in sight (except for those over sold bounces)... I do see some possible support in my model at 1266.40, give or take a handful of points, but the fact that there is still no real fear lends to the argument that even the 1266ish level can easily be violated without much effort... further down, my model shows much more solid support down around the 1160ish price level and due no later than around August 20th, so maybe that's where and when we'll see a low of some significance... GZ