Replies to post #14160 on The Black Box

[positiontrader]

I think the bounce will be Friday.We will see.

Regards

Marc



This is from a post 5 weeks ago.Now 2/3 there ,1/3 to go

Posted by: positiontrader
In reply to: ajtj99 who wrote msg# 19454 Date:1/30/2004 8:11:14 PM
Post #of 21669


AJ,

Before this is over I think we go to NDX 1330 and Comp 1860.

1/3 of the way corrected ,2/3rds to go.A mini Bear within a Bull.

Regards

Marc

[wahz]

oh at least I can say that there is MUCH past history of a turn in between the 100 and 200. But the 200 has to get tagged later after it has risen some more, or the 200 can get tagged quickly after the 100..its about an equal shot. There were far enough apart that my bet was a turn in between the two, so i'll stay with that. Heck, if I hadn't made another post since late summer i would have been better off, so I am reviewing my notes from back then, they were the most accurate

[dieselfuel]

" just don't know how it can happen yet."

That's my problem, too.

I can't see what is going to push this market to a new high.

A technical bounce here and there, but not a new high.

Maybe some AWESOME earnings surprises in April, combined with AWESOME projections for the rest of the year.

Maybe 200,000 added in April, that would do it.

The biggest problem I see with the economy, is energy prices.
As the economy recovers, we're going to be using MORE energy, pushing up the pressure on prices. China's using more, too. That's a BIG problem for US.

We need some GREAT news. I just don't see where it's going to come from in the NEAR future.