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Bullwinkle

09/11/04 4:50 PM

#294111 RE: Zeev Hed #294107

I see... From a charting standpoint there is so much congestion between here and 2000 that it is a little difficult to get a good feel for accurate resistance levels (speaking for myself). 1900 looks clear as bell to me, but thereafter are many gaps, starts and stops, etc. Very choppy to say the least...
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Alex G

09/11/04 6:39 PM

#294117 RE: Zeev Hed #294107

Zeev... do you have a roadmap for IVAN???

yikes!
wind speed (MPH) 165 gust 200
WNW 9 Movement
914 Pressure (in mb)


official roadmap keeps drifting westward

Hurricane Ivan Discussion Number 38

Statement as of 5:00 PM EDT on September 11, 2004
there have been some gradual changes in the steering pattern over
the last day or so which could result in the hurricane moving on a
track not as close to South Florida. While this may be good news
for South Florida...it is not so for other regions of the eastern
Gulf Coast. Water vapor images show that a ridge of high pressure
at the mid to upper-levels has developed from the Gulf of Mexico
eastward across Florida. It appears that this ridge has been
forcing the hurricane on a more westward track...delaying the
expected northwest and northward turn. Although the northward turn
is still forecast to occur as a weakness develops in the Gulf of
Mexico...it is now expected to occur over extreme western Cuba and
over the open waters of the Gulf of Mexico. This track increases
the hurricane risk for the northeastern Gulf of Mexico region and
decreases it for South Florida. The westward shift of the official
forecast remains in agreement with guidance which has also been
shifting gradually westward.
As was thought possible...Ivan has regained category five strength.
A reconnaissance plane just measured 161 knots at 700 mb and an
extrapolated pressure of 914 mb. The drop measured 918 mb but it
had 29 knots at the surface. Initial intensity has been increased
to 145 knots. There are no skills in predicting changes in
intensity with such extremely intense hurricanes...so Ivan is kept
at 145 knots until landfall in Cuba. Thereafter...the shear is
forecast to increase...so a gradual weakening is indicated.
Nevertheless... Ivan is expected to reach the unites states as a
major hurricane.

Forecaster Avila



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Ken2

09/11/04 11:50 PM

#294135 RE: Zeev Hed #294107

Zeev,

Looking at the one-year chart of Naz
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=nasdaq&sid=0&o_symb=nasdaq&a...
I see two major resistance areas: 1900 and 2050.
Since Naz successfully climbed 150 pts from 1750 to 1900,
if it can cleanly break through 1900,
what is the likelihood of it climbing another 150 pts to 2050?

I know that you are looking for a pullback of 100 to 200 pts,
but might it run up to 1950, pull back 50 pts to 1900, and then run 150 pts to 2050?

This is a very simplistic view. Any thoughts?

Thanks - Ken