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Strategies & Market Trends : Classic TA Workplace

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To: Lee Lichterman III who wrote (39623)5/19/2002 9:31:20 PM
From: John Madarasz  Read Replies (1) of 209892
 
no wonder i couldn't get any of the charts to upload<gg>

timing is everything<g>

something to look at while we wait...

Value Line Arithmetic Index ($VLE)- Daily

typical bear market action...a rising wedge rolling into an H/S. This has the potential to set up into an even bigger...and much more symetrical Head and Shoulder formation if it does indeed make the potential meas to the Feb lows...then rally ...then fail in the fall. This would measure apx to the Sept '01 lows

stockcharts.com
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