[RT] Re: [lwside1] Its a bird, it's a plane, no, its a contrarian

["Mr. Kevin B. Bantz" <kevinbantz@xxxxxxx>]

On Nov 21, 2004, at 11:19 AM, Ron Jaenisch wrote:

> Kevin
> You mention the "limit" in gold futures. Are you looking for it to be hit on the down side?
> Where do you see the spx next stop? 
>  
> My very best to you
> Ron

There is a reason why the limit was raised from $30 to $75. I don't see $75 down but I do see
a 12-15% air pocket from the high with a 6-8% one day drop, similar to copper. 

Now that's a riddle. 

As for the SPX too many people pointing out 1140ish area and I'm one of them, though I got a few
days head-start. I may only stay to 1163 it depends on the amount of back-patting. 

http://kevinbantz.com