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S&P 500
5,985.38
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US TECH 100
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Post# of 79025
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CaribbeanJim

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CaribbeanJim

Re: Torqputty post# 21287

Tuesday, 02/21/2006 8:03:56 PM

Tuesday, February 21, 2006 8:03:56 PM

Post# of 79025
Torq, I completely agree...

No rush, but when that stoch crosses, the bottom should be in -- that is if my Scenario #1 plays out and this parabolic gathers steam. Scenario #2 is we slowly grind down until we hit the final low (8yr cycle low) in Q3, then we spike north 50%. I'm leaning toward Scenario #1 as long as we do not close below 2200 this month.




Jan 4 - We have transitioned into a bear market. Completely different rules apply.
May 23 - IMO, any price at/above this close makes a great Nasdaq/SP500 short.

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