Zeev's Turnips Patch-No Politics (ZEEV)

[rossi]

Re: Supplemental BUY signal on SP500
by: Casual_Techwatcher 10/08/04 11:29 am
Msg: 442037 of 442052

"...Given this backdrop, don't you think risk of S&P sliding is higher than that of rising? "

sophocles44:

I am a follower of market behavior. Based on my study of the past 100 years of stock market history, I came up with the timely prediction of the market bottom in Mar/03 at 770/780, and the subsequent 1st wave high at 1160 in Mar/04. Now, I have called for the 2nd wave low at 1060 in Aug/04, and look for a minimum target of 1220/1270 by Jun/05 (wave 3). I don't know exactly what may cause it to go higher, but my research reveals that it would happen with very high probability.

We shall see.

Thanks
CT