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Strategies & Market Trends : Waiting for the big Kahuna

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To: Arik T.G. who wrote (47843)6/10/2000 10:37:00 PM
From: Stcgg  Read Replies (1) of 94695
 
Arik.. Chart of New Bull in the Compx..

Naz from 5/24 a classic impulse.
1 to 5/25 high
2 to 5/26 low
3 to 6/6 high also an impulse, and 3 of 3 also an impulse
4 to 6/7 low
we're at 3 of 5 now.
Guideline for 5 the size of the 1 which was 320 points.
The target for the 5 is therefore 4030.
Monday or Tuesday morning, I guess, would be a good time to short.

ATG


The lows of 5/22 (S), 5/24 (H), and 5/26 (S) show a Reverse Head & Shoulder pattern..

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