Thursday, January 20, 2005


The market went down 68 points today and I redrew the target line at the 10210 level. We might reach it next week, and I expect it to get there then. The concern yesterday about the short term moving average turning up, was unfounded. The line turned down today. Let's watch this drop together, then we'll see if it will go down beyond the target, or if it will turn up from there.

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