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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (14782)10/10/2002 6:37:07 PM
From: Killswitch  Read Replies (1) of 19219
 
Just to make it clear what I'm asking, I'm asking why you chose 74 particularly to base your call off of. We have already seen that this bear is longer than 74, and arguably more intense, especially if SPX cannot hold above 775, right? So why choose 74 as the template instead of 32? If the "double bottom" here fails on a closing basis do you switch to some other template, or ?
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