Replies to post #329067 on Zeev's Turnips Patch-No Politics (ZEEV)

[ajtj99]

Zeev, I've got multiple targets suggesting COMP 2175 and NDX 1630. The SPX also has targets at 1208 and 1226. The former is quite do-able. The latter would need lots of help. MSFT is looking very good here and might even move up to $28. Oracle is turning up, the SOX may hit 454, QCOM may hit 45.50
RUT is close to the 650 3-white soldier target and nearing another one at 657.

The thing is, until the SPX has a big day and at least hits 1208, I'm not ready to throw in the towel and call it a run.

I thought things might be getting toppy here as we neared these targets, but the MSFT wild card is hard to plug in.

We've got the INTC mid-quarter conference tomorrow after the close and jobs stuff on Friday.

Puts are also piling up at QQQ 39, making it likely any drop we get may be mitigated by that situation. I thought we'd drop to 1520 NDX from 1630, but I'm starting to get a bit edgy about that.

As for MSFT, if the dividend is paid on Dec. 2, my guess is most people won't have it show up in their accounts until Dec. 3 if it is paid electronically. The same should go for mutual funds and institutions.

[lostalot]

Zeev: Here is the message from Zacks Research Investment about 2005 which is opposite to your road map. Any opinion?

FEATURED EXPERT: Donald H. Rowe, 01-DEC-04
According to Donald Rowe, editor of the Wall Street Digest newsletter, the greatest bull market in history is beginning. The starting point comes in 2005,which has an historical significance since years ending in five have an
extraordinary winning streak in the past 120 years. In this featured expert, Rowe explains how this bull market will unfold, and then offers five stocks that you may want to consider buying now. You Should Be Fully Invested; The Greatest Bull Market Ever is Underway.

Years ending in five have an exciting history: No losing years in over 120 years of stock market history! Even better, the fifth year of the decade has always experienced the best gain of the decade. In 1995, the Dow Industrial Average was up
33.5 percent, the best year of the decade. In 1935, during the 1930’s Great Depression, the Dow Industrial Average soared 38.5 percent! Again, the best year of the decade.
The advance always began early in the year, usually in January. Except for 1975, stock prices advanced powerfully all the way into December. Current subscribers to
the Wall Street Digest know why the Great 2005-2009 Super Boom and Bull Market will unfold,.....

Since it comes free, you know what I mean...