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Dow
Jones Industrial Average:
(8/13/00) "...we
are getting a "bull-trap" setup. Looking for moving sideways above
10900 and can poke higher (even to to 11300s), but look for downward
move in the 8/15 - Labor Day period per last week's update and can
be with strength."
(9/3/00) "Despite
media hoopla about slight advance, makes a couple pokes to 11300s
and is literally readying to dropback and spring the Bull Trap.
Back toward 10634 - 10798 area and keeping an eye out for
the key 10202 - 10357 area if its fast."
(9/24/00)
Bingo Again! Pulls
strongly back completing the bull trap to as low as 10567 closing
within ticks of our 10634 target (10688 on 9/20).
..
Dec 00 S&P
500:
(8/20/00) "...Despite
any 'recovery swings' upward, looking for overall lower into September."
(9/3/00) "...is
peaking/readying to dropback...toward 1506, 1484 and even 1448 with
momentum."
(9/10/00)
"Getting start of decline as indicated...that the near-term
peak could occur 9/1 - 9/5. Declines from 1556.50 peak on
9/1...Continuing with forecast of move back toward 1506,
1484 and even 1448 with momentum."
(9/17/00) "Bingo!
...drops strongly Friday the 15th to within 3 ticks of
our 1484. Looking for lower movement ..."
(9/24/00)
Bullseye Bingo! Drops to 1438 low and closes
right 1448 as per our our "1448 with momentum"!
.
.
Dec 00 US T-Bonds:
(8/6/00)
"Up against 9920-9932 Resistance area. Slight chance of a
further stretch to 10004 area. Momentum starting to soften
however and downward bias still present for move back to 9800 and
then to 9706 areas that can be volatile."
(9/3/00) "...one-day poke
to 10100 before settling back near the lows of 10012 on 9/1 (response
to employment report). However, despite the pop, momentum overall
continues to decay and continue to look for retrace."
(9/17/00) "Big
Bingo! The drop forecast for the last few weeks hits...Drops
strongly from 10008 to 9827 and then back to within ticks of 9800
at 9804 on the 15th. Looking for continued movement back toward
9706 area."
.
Dec 00 US Dollar:
(9/17/00) "Getting
a peaking near-term and the down bias. If it continues to move sideways,
essentially along the 114.14 Support, can be fairly sudden drop
back toward Support at 113.20 and then toward 111.63 area."
(9/24/00) Bingo!
Drops in one day to within ticks of our 111.63 target (111.85 on
Friday 9/22). Looking to try and consolidate above the 111.63 Support
area but under pressure.
..
Dec 00 Cotton:
(6/25/00) "Upside
bias building for move back up toward the 60s again."
(8/13/00) "Gets the momentum
needed to pop up and out of the triangle to the upside. Will go
to 63.50 area."
(8/20/00) Bingo! Very close
to our 63.50 target with strong upside move. Looking for tad higher
movement.
(8/27/00) Bingo again! Gets as
high as 66.95 on the Dec contract. Readying now for a retracement
back, that can be sudden and with strength, to Support at 63.95
and can go to 62.50 area."
(9/3/00) "Bingo!
Just as indicated, get a move that is "sudden and with strength"
toward 63.95 . Continue as forecast."
(9/24/00)
Bingo! Moves lower to 62.65. Looking for consolidation and...
.
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