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Strategies & Market Trends : Waiting for the big Kahuna

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To: Bull RidaH who wrote (31389)10/13/1998 8:36:00 AM
From: HairBall  Read Replies (1) of 94695
 
David: I believe the only line to be concerned about is the line from the 7/20/98 peak that connects the 9/29/98 peak. That line will be at 934 SPX tomorrow.

What perimeters are you using! (end of day, actual chart data or theoretical)

I assume you are referring to the upper descending trend line. Using End of Day, Theoretical Data, Semi-Log Charting and extending the trend line of the highs of the above mentioned dates, (same ones I have been using) for one day, I get approximately 1035.

Regards,
LG
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