Replies to post #26720 on The Black Box

[wahz]

EDIT:
yeah but we could certainly break to 2050 or a little worse and then have a wildly up 4th q...anything is possible. My main concern here is I am still margined some from an average of 1920 or so and if 2132 breaks we could go all the way to 2000. For example, my long and now past battles with the bearishly oriented short term guys were based on the fact that they are worried about hours and days and weeks because of margin. You have to time well when you get on margin.I got back on it in mid April, about two weeks early, and hung on for dear life through some punishing reports and 50 more comp points. I still think we see 2900 in the first part of 06. But it could be summer instead of January.

Also, the key is that I think if we turn up here we could see a new dow high at stunning speed, while the comp get to 2400, all before Oct....so this is a big divergence off of 2132 pivot point