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I have been lurking here as I recall "The Top Is In" and "I would not be
long this market".
Obviously, the top was not in as we made a new closing high. And there are
still some stocks to be long.
Admittedly, this is a tenuous market...but the CANSLIM plays and value
plays are doing well.
I am taking this market day by day and trying to be nimble.
I have known for a long time that when I see too many hard and fast
comments on the same direction based purely upon TA, that something can be
amiss.
I think there is nothing superior to techno-fundamental analysis.
Sincerely,
John
> Earl,
> My target has been 1068 - 1087 on the Weekly charts.
>
> Lenny
>
> In a message dated 10/9/2003 1:38:26 PM Eastern Daylight Time,
> earl.a@xxxxxxxxxx writes:
>
>> Took a couple of days of haggling, however price has broken out above
>> the 2002 trendlines mentioned below. Some possible upside targets
>> shown with retracement and projection tools.
>>
>> Earl
>>
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