Dow DEFINITELY looks good to 9000

hardrock375 · May 12, 2003

Quote from Jesse J.:

Could this BOLD call prove to be correct as well?

JJ

The only thing BOLD here, is my font.

indahook · May 12, 2003

05-07-03 03:56 PM
Re: it's a woman's prerogative to change her mind

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Quote from Jesse J.:

and I am not looking for dow 9000 anymore.

very limited upside from here.

there is a good possibilty of a correction soon.

Dont you mean flip flop?

Jesse J. · May 12, 2003

on the S&P prediction of 950. NEVER.

Show me a single thread where I wavered, or stop the lying!

Weren't you told lying is no good? Especially when you can't back it up with a single shred of evidence!

The only thing I questioned was if the DOW would reach 9000, and I'm still not sure anymore.

SethArb · May 12, 2003

cares about what we say on these boards anyway?

I am sure the WSJ , and CNBC , and the Fund Managers
out there and the big hedge funds

really go out of there way to read these predictions

dbphoenix · May 12, 2003

Quote from Jesse J.:

on the S&P prediction of 950. NEVER.

But your deadlines have been awfully variable. If you keep changing them, you're bound to be right eventually.

harrytrader · May 12, 2003

You can see 8728 that is highlighted in green which means local minima: it acts as strong resistance when market encounters it from below so I won't expect a push higher towards 8866 (if ever he goes there of course

) before consolidation.

Quote from harrytrader:

<IMG SRC=http://www.elitetrader.com/vb/attachment.php?s=&postid=251390>

We have just passed below the blue line (whose first pic is at 8576) on weekly scale which is the path of consolidation. The usual target is the dual of max target that is to say 8416 theorically. After that it is possible to see if Bulls can take control again and target the max potential of 8866.

dbphoenix · May 12, 2003

Quote from SethArb:

cares about what we say on these boards anyway?

I am sure the WSJ , and CNBC , and the Fund Managers
out there and the big hedge funds

really go out of there way to read these predictions

Really. This bullish/bearish business is so much nonsense. If whatever you're trading is going up, buy it. If it's declining, short it. What does being bullish or bearish have to do with it?

harrytrader · May 12, 2003

On lower scale the normal target today is 8733 (because time unit 9/10 is the end of time cycle on my model) so not much left above the 8728 of weekly scale.

<IMG SRC=http://www.elitetrader.com/vb/attachment.php?s=&postid=253444>

Quote from harrytrader:

You can see 8728 that is highlighted in green which means local minima: it acts as strong resistance when market encounters it from below so I won't expect a push higher towards 8866 (if ever he goes there of course ) before consolidation.

Jesse J. · May 12, 2003

that the DOW DEFINITELY LOOKS Good to 9000.

It closed today at 8700+.

This is my final answer.

dbphoenix · May 12, 2003

Quote from Jesse J.:

and I am not looking for dow 9000 anymore.

very limited upside from here.

there is a good possibilty of a correction soon.

Gee, and it's been only a few days . . .

Dow DEFINITELY looks good to 9000

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