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Strategies & Market Trends : Classic TA Workplace

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To: jjstingray who wrote (82649)9/24/2003 1:18:58 PM
From: marginmike   of 209892
 
if breakouts fail its lights out, my bigest concern was that if we are going higher we would go MUCH higher as to many things breaking out of long segments of sideways or 4's. No way targets on indicies could match targets on stocks like IBM projecte to 120, and pg, bkx etc. So I wouldnt be surprisewd if the breakouts were Bull traps
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