Replies to post #35791 on The Black Box

[dieselfuel]

Still looking for more upside. Looks like a wave 2 pullback is in the process.

Monthly still not in extreme overbougt territory yet.

Looking for at least 1750 on the NASDAQ; sp500- 950 or so; DJIA- at least 8400.

Long: SRS and FAZ. :~)

[dieselfuel]

Assuming the 4-17-09 high of 1682.24 was the top of a wave 1, I see the NASDAQ could fall back to the 1475-1525 area.

Percentage wise, I would expect about the same for the DJIA and the SP500.

FWIW,
dieselfuel