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Replies to #6656 on The Black Box
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dieselfuel

10/18/03 10:12 PM

#6660 RE: wahz #6656

"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"


Thanks, I understand. Nothing yet has changed your view.

I hoping for a grdual rise, as opposed to a quick run up and then consolidating for 6 months.

I guess we'll all have to wait and see how this plays out.

Thanks again,

Scott