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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (21243)9/11/1998 5:51:00 PM
From: Cube  Read Replies (1) of 79450
 
Doug,

Managed to sneak this little tidbit out of the news today and it has nothing to do with Sick Willy. Jerry Favors technical profile of the overall market says that we will go quickly (next week) to 8105 on the Dow, then quickly go BELOW 7400. He said if he had to guess, we could go quite a bit lower than 7400. I show that as breaking some critical support if that happens. FWIW. Always thought Favors had a great grasp of TA.

Cube
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