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Strategies & Market Trends : News Links and Chart Links
SPXL 213.39-5.0%Nov 13 4:00 PM EST
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To: Softechie who wrote (2707)9/4/2002 12:54:48 PM
From: Les H  Read Replies (4) of 29596
 
was looking for 835-855 on the SPX by Sep 6-11, then another low near the end of the month, which will likely exceed the July lows. The pattern of successive broken lows at each market juncture just resets the market for later retests or breakages next year and so on, reinforcing the right shoulders. The BKX needs at least another three weeks to hit bottom. October rally followed by lower lows into early December. IUX looks like an exact image of the SPX. It will likely hit 200.
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