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Re: was Steve post# 13590

Saturday, 06/26/2004 4:25:48 PM

Saturday, June 26, 2004 4:25:48 PM

Post# of 37180
I have stated the BULL case many times in my newsletters; and have stated that is why 1520 so important. I have stated on many occassions that the decline from the January HIGH in the NDX to the March LOW "could" be an A-B-C Correction; and that a "close" above 1520 would NEGATE the Bearish Case.

As far as raising STOP LOSS; I raised my STOP LOSS from 1500 to 1508 to 1520, depending an the "potential" wave count. Is twenty (20) NDX points going to change your life; and therefore then make my work irrelevent? I do what I thing is necessary to avoid being whipped-sawed.

You have been in a pissed off mood since Friday's close. You stated yourself that it may take until Sunday to cool off. Today is Saturday and certainly looks you will need ALL off Sunday to cool. Rain on me and my work if that's what it takes to get you in a better mood. Have a Nice Weekend!

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