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Post# of 704019
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Zeev Hed

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Zeev Hed

Re: Ace Hanlon post# 157857

Saturday, 10/04/2003 10:33:53 AM

Saturday, October 04, 2003 10:33:53 AM

Post# of 704019
Yes, of course, the secular bear market is not over, but for now, and possibly until the middle to late next year, we can go higher. Mind you, for now 1757 held quite nicely (with 26 Naz points to spare), thus, so far the lower probability branch (see #msg-1504083) is now above 50% and thus we have a pretty good chance in the next 9 to 12 months to go all the way to just under 2400 on the Naz, quite a move from here. Note in the same message what I consider three major overhead resistance area (1940, 2163 and 2238) where additional major "forks" in the model are present.

AZH

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