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Publisher: AegeanCapital Group Inc.,     Report#26,        10-21-2001,       Page 2 of 14

Our proprietary forecasting model,  has produced two scenarios for the next 3-5 weeks. On the bullish side we have a target of 1150, and a probability of 39.27% to materialize, and on the bearish side we have a target of 955 and a probability of 40.82% to materialize. NOTICE that the ratio between the bearish and the bullish probability stands at   1.04:1 ( 40.82% divided by 39.27%) thus producing a "neutral"  signal. (The red line represents the most likely price action to take place on the way to reach the target price.) The ratio means that it is just as likely -at the present time- for the index to fall to 955 as it is to rise to 1150.

Our proprietary forecasting model,  has produced two scenarios for the next 3-5 weeks. On the bullish side we have a target of 1850, and a probability of 40.83% to materialize, and on the bearish side we have a target of 1500 and a probability of 41.65% to materialize. NOTICE that the ratio between the bearish and the bullish probability stands at   1.02:1 (41.65% divided by 40.838%) thus producing a "neutral" signal. (The red line represents the most likely price action to take place on the way to reach the target price. The ratio means that it is just as likely  likely -at the present time- for the index to fall to 1500 as  it is to rise to 1850. 

Our Market Positions:
Dow: Neutral,SP500:Neutral
NASDAQ:Neutral 

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All rights Reserved. AegeanCapital  Inc., is not affiliated with any other company using the Internet.