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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: dennis michael patterson who wrote (37580)7/2/2002 10:03:22 AM
From: Paul Shread  Read Replies (1) of 52237
 
That's probably the odds play, and I was thinking of about 1/3 long myself. The intraday bear flags/pennants that broke down the last couple of days seem to target a slightly lower low (using either measured moves or measuring from breakdown points). I came up with 937-949 on the SPX (944.75 was the 9/21 low), and 8835-8877 on the Dow.

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