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Replies to #6645 on The Black Box

dieselfuel

10/18/03 7:56 PM

#6651 RE: dieselfuel #6645

On this bull run, if we break 2890 ($compx), then break through resistance at the 3500 level, we're going onto challange the double top at about 4200 level.

Of course, this is assuming economic conditions hold out.
And, I'm talking about several years out, like 2006.

We'll see, time will tell.

Scott

wahz

10/18/03 9:51 PM

#6656 RE: dieselfuel #6645

d, that was only one of three ways Please check my recent posts for all three scenarios. For a month or so I expected a trading range between ~1700-1900. My 2nd most likely way was what you described(BUT that become the most likely around early last week) Least likely was a sylvestor like plunge. nevertheless the consistent part was a run to 2300-2400 next year at some point. The question is do we do it all now, into June after consolidation, or late in the year. It shouldn't matter much if I am right an we aren't going lower than 1700.

I think this is getting too confusing. It won't be a screw up if we go to 1700, as that is a very good possibility. I think we need to be ready to buy a significant drop and err on the side of being too bullish.

I don't usually have this many alernatives. Lets just wait to see what happens for a few days. I expect us so much higher in 18 months that I don't want to be micromanaging this too much