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Strategies & Market Trends : Classic TA Workplace

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To: ajtj99 who wrote (89698)1/19/2004 8:13:38 PM
From: skinowski  Read Replies (1) of 209892
 
Mat Oniscka is bullish short term, expecting a small consolidation - and then a likely IT top at DOW near 11K

(I find it interesting that his count on the LT chart is an 'abcde' decline off the '2000 top, which is the same as Prechter's "Broadening Wedge")

Summary

- it exists still another Kurspotenzial until 10,850 and/or scarcely 11,000 points

- takes place an immediate expansion into the 10.800-er range, if the index positively goes on Monday/Tuesday out of the trade

- the pending intermediate correction can bring deliveries to maximally 10,200+ with itself

- the K.O. marks for the bulls are about 10.150/10.200 and/or at short notice with scarcely 10.500


babelfish.altavista.com
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