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profit_guy

03/15/03 12:08 PM

#87422 RE: Zeev Hed #87417

an excellent pc by john mauldin re: pension shortfalls

http://www.frontlinethoughts.com/printarticle.asp?id=mwo031503
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westpacific

03/15/03 12:36 PM

#87426 RE: Zeev Hed #87417

NAS 1351 to 1387 still holds the bearish view.
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Babylon

03/15/03 12:44 PM

#87427 RE: Zeev Hed #87417

Zeev, the question of the day for me is, will this be a 2-phase GN-03 that accompanies 1111 which by all standards would be a defined as a sucessful retest...or do you still anticipate a 3rd-phase? As I noted yesterday, my preference was 1250ish as leg-1 and leg-2 to be either 1200 or a closer retest of 1108 (somewhere within 5%) to be the final shake, with no 3rd leg to fall upon...which would favor a waterfall to the lows (probably your 1111) as a cleansing of any hope that's baked into the market currently.

What is the new timeline for the end of phase-II, and phase-III if it's still on? TIA





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Babylon

03/15/03 1:07 PM

#87430 RE: Zeev Hed #87417

...And of course it's always possible that phase-II of your scenario could morph into phase-III...with phase-II making a pit-stop somewhere between 1175/1225. That would seem kind of anti-climactic though. <gg>
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Paul A

03/15/03 1:47 PM

#87435 RE: Zeev Hed #87417

dang.. 4 hours left and the t-shirt is at $81.00

Gotta love it.. I say it goes out at $120.00

: )