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It will be interesting to see what happens here. I too am out of my short.
I am noticing the same thing that I put out two days ago, now in
reverse--Dow up, Nasdaq down, S&P 500 frozen. My model has me flat.
If S&P is to break out, then Nasdaq will need to take it.
mm
-----Original Message-----
From: Warren Goldstein [mailto:warren53@xxxxxxxxx]
Sent: Tuesday, February 15, 2000 1:19 PM
To: realtraders@xxxxxxxxxxxxxxx
Subject: [RT] FUT - S+P Outlook
Good afternoon,
I believe that the S+P is about to explode to the upside from here.
I expect a 2 month rally to new highs.
This outlook is based on my own version of Wilder's Delta Phenomenon, and my
own price projection methodology.
IMHO, today's low should not be violated for the foreseeable future.
I'm long @ 1385.
My first objective is 1499.4, basis March S+P, on or about March 14.
Good trading,
Warren Goldstein
Informational Commodity Trading Advisor
Email: wsg@xxxxxxxxxxxxxxxxxx
Website: www.wsginvestments.com
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