SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: dpl who wrote (82045)3/18/2001 10:07:09 AM
From: Michael Watkins  Read Replies (1) of 436258
 
David,

Or maybe we decline to 900 and run back to 1200 to form the right shoulder of a bigger H&S?
Note 1998.

Well that would be one possible outcome. It means of course that if this larger H&S you describe ever breaks, that the SPX's target would be approximately 420 - just rough measurement, and these measurement of the pattern provides a guide only for the expected outcome. Its not like its written in stone that price action will *always* follow through to the target.

Its all speculation at any rate, although higher probability speculation than AJC's year end target.

;)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News