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Ben,
You are so accurate that you could be using Fibonacci! Heheh..
Here is a quote from my publication "FibWatch" this morning,
regarding the S&P.
"Long-term,
the first profit objective is around 959/960, the second is around 929,
and possibly a third near 875. Weekly SK is at 925/929 and should present
some buying support. So don't be too greedy unless the 929 level breaks
quickly."
List-members are welcome to a copy of this report, just send a
request by email
to me directly (not to the RealTrader list).
Best wishes,
-Neal.
At 11:48 PM 8/4/2003 -0400, you wrote:
I can
NOT predict more than about a week in advance,
the accuracy DECREASE as time moves
,
My estimate is 930 is the first
train stop
a break of 930 will bring
875
Ben
----- Original Message -----
From: delta88343@xxxxxxx
To:
realtraders@xxxxxxxxxxxxxxx
Sent: Monday, August 04, 2003 11:15 PM
Subject: Re: [RT] Re: [wheelsinthesky] S&P 500
In a message dated 8/4/03 10:43:02 PM Eastern Daylight Time, profitok@xxxxxxxxxxxxx writes:
this is JUST a short term bottom to make everyone run to cover their
shorts,
then they will take the boat down to the bottom
How low is the bottom? And when?
Thanks
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