The Black Box

[euterpe1]

Wahz,

I was mildly bullish, but now barely bullish. How's that for semi-non-committal?

I don't see how you can come up with 2890. I read your posts from HD, and while I believe we can and will hit 2890, I don't see it happening until 2007 and even then probably not until year end 2007. Looking at AugieBoo's old channel chart. 2450-2550 looks like the highest we can go in the next couple of months. I still think the 4 year cycle low possibility needs to be respected and this is the fourth year.

As I outlined to Carribean Jim, the weekly MACD on the COMPX is flat, the daily is turning down and the weekly $NASI RSI is flat. We are going to need a rocket shot the next couple of days for the technicals to remain bullish IMO.