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Re: mjk post# 62192

Tuesday, 01/07/2003 2:38:17 PM

Tuesday, January 07, 2003 2:38:17 PM

Post# of 704041
1. Zeevs nassacre: 25% probability of new lows.
2. My original bullish scenario, that the Oct lows were it and we would see 1800 before this years end, on our way to 2800 by early 06, is now only about 50/50. I would have said 80/20 in early Dec


Now I know nailed some targets square on the last few moves, BUT I blew Dec by not listening to my momentum indicator. If it turns down, I will exit. It's picking up forward momentum, but it goes negative after some has been given back. I am just letting it go this time and will dump and run if the momentum turns south.I just don't have a target now that we are over the 200, OTHER THAN THE 200 on THE SPX(950) I may get whipsawed. Nothing is perfect..there is no silver bullet.

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