September 16, 2004

BETTING ON THE BOUNCE (update):

On September 3rd, we posted this crystal ball analysis.


...Bush has bounced off the classic double bottom (green line) and made it thru the larger downward trend line (red) that's been in place since January. If 'he' can get through the near term resistance at 59, retest it and move on, that should become support..

Here's today's live update. The 'lifetime' chart doesn't yet show today's move up thru 67 to nearly 70, but you can see it in the pricing. Woulda, Shoulda, Coulda....And for those of you 'hedgies' who shorted Kerry to boot, Bravo.

DISCLAIMER: Betting on US Presidential races is for entertainment only and should not be used for investment purposes (just ask Teresa).


Posted by John Resnick at September 16, 2004 10:25 AM
Comments

tut-tut, no boasting.

Posted by: oj at September 16, 2004 11:25 AM

OJ: Profits harvested by the readers based on any analysis here belong in your tip jar.

Posted by: John Resnick at September 16, 2004 11:33 AM
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