3 replies to this topic

[tsharp]

hooda thunk that when i suggested about three weeks ago that the spx appeared to be on course to decline to ~1150 and the dow to ~10,300 by month's end, that it would actually happen?

even i have a hard time believing that next week, the dow and spx are just gonna magically hit those targets and then just reverse back upward to tag new relative highs... go figger.

anyway, here's the daily & weekly spx, and the weekly dow... i won't be holding my breath for these targets to be hit, but i will be watching with great interest.

have a great holiday weekend all... the Lord is risen as He said.


--tsharp

[Rogerdodger]

Hooda thunk it? It did seem a little far fetched at the time. The market was "breaking out" if I remember. But I was short (still am) and you were my best friend. I do appreciate your "vision." It takes a lot of knowledge and experience and a special "Knack" to see what you see. Keep it up. RD (PS: If my figures are right, your charts show a potential gain of about 8% from the bottom targets on both the S&P and DOW.)

Edited by Rogerdodger, 24 March 2005 - 10:53 PM.

[Tor]

Great call.

[ty250]

Always read your comments with interest,thanks. TY