The Black Box

[wahz]

I think a 3-5% retrenchment at some point in before xmas will prevent 2400 until February/March...the targets being discussed as high as 2900 by the end of 05 are my highest possible view...the peak is suppossed to be 2800-2950 prior to a fall o6 correction, with a small possibility of an overshoot to 3250.


I have been consistent but you couldn't tell that from the pm's i get:

Posted by: wahz
In reply to: wahz who wrote msg# 6049 Date:10/9/2003 12:18:29 PM
Post #of 21200

I still like my target for next year from last half of 02:

Posted by: wahz
In reply to: Gizmo who wrote msg# 50372 Date:11/30/2002 11:33:05 AM
Post #of 159426

Yes, but I get the idea that my model sees it as much stronger, although I haven't been keeping up with Z. I have a target of 1800 for 2003, 2300 for 2004, 2900 for 2005, and 3250 for early 2006, so I have it lasting for a long while. I don't see a meaningful correction during that entire time, ie, one exceeding 20% without a turn and move back up to new recovery highs within a few months

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Posted by: Zeev Hed
In reply to: wahz who wrote msg# 50379 Date: 11/30/2002 11:50:16 AM
Post #

What you are describing is a secular bull market. I think we disagree.

Zeev