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Ernie,
I do not know about the August levels but sure agree with the short
term from what I see in Breadth and Volume Indicaters . I intend to
be long on Mon.
John
------------------ Reply Separator --------------------
Originally From: "Hill, Ernie" <ernie.hill@xxxxxxxxxx>
Subject: RE: [RT] Prognosticators Anomymous
Date: 07/13/2002 09:06pm
After doing a little more work this weekend I now think that a 50%
retracement of the move from 7-8 to 7-11 is an equally valid target
for the
short term bounce that I am expecting so my targets now are 947 or the
964-968 range. I then expect a drop to the 759-782 range by 8-15.
E
-----Original Message-----
From: Hill, Ernie [mailto:ernie.hill@xxxxxxxxxx]
Sent: Thursday, July 11, 2002 8:37 PM
To: realtraders@xxxxxxxxxxxxxxx
Subject: RE: [RT] Prognosticators Anomymous
In light of today's price action I would like to modify my previous
forecast. I am now expecting a short term top on 7-15 or 7-16 in the
price
range of 964-968. From there I expect the market to return to its
precipitous decline.
E
-----Original Message-----
From: Hill, Ernie
Sent: Wednesday, July 10, 2002 8:28 PM
To: 'realtraders@xxxxxxxxxxxxxxx'
Subject: RE: [RT] Prognosticators Anomymous
Ok John I'll bite. Using my own proprietary methodology I am
expecting a two
to three day rebound with a target range of 983-985.
E
-----Original Message-----
From: John Cappello [mailto:jvc689@xxxxxxx]
Sent: Wednesday, July 10, 2002 6:17 PM
To: realtraders@xxxxxxxxxxxxxxx
Cc: MedianLine@xxxxxxxxxxxxxxx
Subject: [RT] Prognosticators Anomymous
After observing the down trend over the last 3 and 1/2 months, I
noted that the day after each new yearly S&P low there occurred a
spike the next day that recaptured [at least for a time] a major part
of the drop. Based upon this limited "study" I am looking for the
same bounce tomorrow.I already made my long committment.
I would be interested in the forecast by Sailors, fibers, pivoters ,
S&R er's, pitchforkers, Hurst-Fouriers and whoever else would like to
have fun and participate in this guesstimate of what will happen
tomorrow.
Hope some of you can find the time to participate.
Sincerely,
John
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