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Strategies & Market Trends : Classic TA Workplace

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To: At_The_Ask who wrote (63630)1/13/2003 4:51:16 PM
From: JRI  Read Replies (2) of 209892
 
I actually REALLY like the Sandspring...e to 973 scenario...for it computes to a approx. 9300 Dow....

IMO, if we challenge 9000 Dow this time, we break thru it...if that happens, it certainly (IMO) runs 300-400 pts in exhiliration.....breaking 9000, IMO, would be the ticket for bull orgasm/bear running...setting up great r/r..

Looks to me like that could coincide with a break of previous Dec. high in COMP...

I really like the r/r on this, because 9300-9400 looks like very strong resistence to me, as 1570 on COMP.....good r/r for a short trade at those levels (not to mention seasonal shift in strength of market)..
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