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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Smooth Drive who wrote (53166)6/6/2000 8:08:00 AM
From: Dave Shares  Read Replies (1) | Respond to of 99985
 
Eric,

I like your charts, they are excellent.

I have a question,

<<The breakout bullish price objective is incomplete (it's incomplete until a reversal down occurs) at 5817>>

Was this a transposition, and did you mean to write 5187 for the incomplete price objective. I measure the current column at about 666 over the 3202 beginning, and multiplying that by 3 (for vertical price objectives), I get a total move of 1998, which would top out at about 5200.

I understand that the objective cannot be pegged until a reversal back to Os.

Just trying to understand, and thanks for the great chart.

David