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To: MythMan who wrote (391672)	8/4/2009 9:50:21 AM
From: NucTrader	Respond to of 436258

I gave up targets long ago and the stock market more recently. Like golf, just ways to frustrate myself. I will say this market has gone further than I would have surmised both on the downside and in the recovery. More than once I've been thankful I switched strategy (see below) as I preferred the short side and everyone knows what's happened to shorts during the recovery. I do believe the BS the government and Wall Street is pushing will be shown to be just that sometime within the next 3-5 weeks, and a fast leg down will occur. But if the SPX goes to 1400 instead, that's OK. I exited the market in the spring of 2007 and went into CDs when you could still get a reasonable return (5.12% yield). 20% matures in Sept. 2010, 30% in 2013 and the rest in 2014 (provided, of course, the 4 banks I put them at are still in business and/or the FDIC gets sufficient funds from the Treasury to rescue them if they go under -ng-).