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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (111229)1/5/2005 10:38:39 PM
From: ajtj99  Read Replies (1) of 209892
 
Shack, here's some targets I've worked out using parallel 3-black crow patterns (from a post on IHUB):


Wow, nice charts, RTS. Assuming the rest of the indices also mimic the 3-black crow patterns in the RUT, SOX, NYA, TRAN, and XAX, we arrive at the following target lows (after a re-trace up off a spike low tomorrow):

RUT: 600
SOX: 385
NYA: 6947
DOW: 10,460
TRAN: 3,565
Nasdaq: 2040
NDX: 1525
S&P 500: 1167
S&P 100: 558


OK

And I'll be honest, I am still biased up

Shack, are we to assume that if a phrase is not prefaced in such a way, you are being dishonest?

I always bug people with that, so I guess it's your turn today! Lucky you!
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