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Val--I usually don't attend to market forecasts posted on the Omega List (or
elsewhere)for the obvious reason that I have no idea who is making the
forecast or how.
For some reason, yours has caught my interest. On what basis do you make
your assessments--fibs, planets, indicators, etc.? Just curious.
----- Original Message -----
From: "Igor Kaplun" <ikaplun@xxxxxxxxxxxxxxxx>
To: "OMEGA-LIST" <omega-list@xxxxxxxxxx>
Sent: Friday, September 29, 2000 4:20 PM
Subject: market action
> Hi Everyone
>
> 10:10 AM 09/29/2000
> Here is my scenario for S&P market action.
> As I was saying previously correction up is right here.
> I see that market at its intermediate bottom (or profit taking level),
> where wealthy guys are loading up.
> The real bottom actually at 1428.
> Today on S&P should be down-to-sideways day.
> S&P are loading up to take out 1496 - 1500, which is the first profit
> taking level and then to 1520, the second profit taking level.
> If market will be pushed up then resistance will be at 1525-1530
> level. If market will go above 1550 then it will hit 1575 level (will
> take out the previous high), which would be general sell-off area and
> end of the move.
> I think that next week market will go DOWN to the real bottom 1428.
> Big guys will be loading up all the way down to 1428 level
> If market will not lift up and will make new low then all target
> levels will be different.
> SHANATOVALACULAMHEVRE
>
> Val
>
>
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