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limtex

08/18/02 11:23 PM

#16696 RE: wahz #16692

wahz - Knock knock. Election coming. Pink slips for Congress people when the market tanks..

Knock knock.

Best,

L

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ajtj99

08/19/02 12:49 AM

#16718 RE: wahz #16692

wahz, after looking things over some more tonight, I think we could get a pivot low around 1320 or so Tuesday or Wednesday, then a ramp to 1400-1420 COMP, possibly by the end of August. From there we should head lower into the fall, IMO.

There is a cycle low Sept. 5, plus or minus 2-days. That would seem to point to a high being in 3 to 5-days prior to that date, which would match up well with an end of month ramp.