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Strategies & Market Trends : John Pitera's Market Laboratory

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To: GROUND ZERO™ who wrote (270)2/29/2000 12:17:00 PM
From: Chip McVickar  Read Replies (3) of 33421
 
Yup,

David take sounds well thought out, although the downside risk is very real.

My target for the spoos is about 1415.00, this is the fork off January low and the resistance line coming down off the peaks in Jan and Feb. They meet right there.
About 1410 for the cash market.

Good place to take another look...

On the DOW the fork off the Jan 5th low and 10500 is a nice target.
But it must get buy the 10250.... where the median lines off Feb 13ñ low and Jan 31 low's cross.

Chip
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