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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Paul Shread who wrote (29001)1/31/2002 9:46:38 PM
From: Paul Shread  Read Replies (1) of 52237
 
Here's the quote from E&M I was thinking of:

The post-breakdown pullback retracing one-half to two-thirds of the initial decline (from 1179 to 1080 in this case) "will be attempted, according to our experience, in at least four out of five Broadening Top Patterns." (Page 175 in my edition)

SPX closed exactly at the half-way mark today.
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