Replies to post #25839 on The Black Box

[Burk]

LOL. FWIW, I agreed...maybe 2100, then back to 2020...heck, maybe lower, who knows?

[The Freep]

<<it will give my buddies something to worry about on my behalf>>

OH MY GOD, MAN!!! WHAT ARE YOU DOOOOOOOING????


how was that? <g>

the freep

[mjk]

I've got a good one right from the lows...gdp came in at 3.1% on that one. This is all in the spirit of when he used to point out every time something you said didn't pan out...I noticed several times early on in the run that he continued to warn about if we break below certain levels we're going much lower, calling for drops etc, but the past few days he's been shorting q's as a protection against all his long profits <g>. I'm always amazed how someone is so heavily long all the while warning people about the downside, predicting drops, and saying how terrible everything is...and there's never actually a post about going long other than an intraday qqqq trade for 5 cents <g>.

Posted by: sylvester80
In reply to: Stowboat who wrote msg# 48204
Date:4/27/2005 10:07:26 AM
Post #of 51218

Huge deficit, rising rates, high oil prices, slowing economy, no jobs, low consumer confidence are all a mix for disaster. GDP number tomorrow will be important and I think traders are positioning themselves accordingly. Market needs 3.5% or above to get bullish. Below 3.0% is bearish. Between 3-3.5 more of the same ups and downs we've had so far with a small down bias. JMHO.

Posted by: sylvester80
In reply to: None
Date:5/19/2005 12:11:45 PM
Post #of 51218

It's possible that we could see NDX 1500/05 in very short order IMHO.

[mjk]

And anyone who's followed your board for any significant amount of time knows this is about the most hypocritical post ever on ihub...unbelievable.

Posted by: sylvester80
In reply to: Burk who wrote msg# 50567
Date:5/19/2005 7:31:54 PM
Post #of 51219

BURK, I thought we talked about the need to stop the taunting yesterday. Please lay off. Everyone else is entitled to their view of the market like you are WITHOUT ANY TAUNTING. Just as I expect nobody should taunt you about your calls. So lay off and please try not to take so "personal" a view of the market other than your own. There should be nothing personal from anyone here about the markets. So lay off the taunting please and show some class and apologize to Justa.

[wahz]

I have found 6 nearly identical periods to now.

Four of them act almost the same over the next 5 months, and would conservatively project a peak of 2600-2850, maybe a touch higher if everything falls into place.

One just doesn't go as high and would conservatively target only 2300-2600, absolutely no higher no matter what.

One has been a bummer I have talked about many times before, as I started worrying about it in Fall 03. We don't take off until fall in this scenario, 2 years of consolidation, probably from around 2150/2190, but then explode to 4000 by Oct 07

That is the bigger picture stuff. I will post some expectations as we go along about once each season. All just my silly opinions

[wahz]

we got to 2100 and i think about half the drop has already happened. I am thinking we go to around 2030, and start up again...we'll see. Shorting at the end of the week was the way to go as expected..I think we will exit June around 2150 or more