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Strategies & Market Trends : 123 Trends and Reversals -- Ignore unavailable to you. Want to Upgrade?

To: ~digs who wrote (130)	2/15/2001 7:59:42 AM
From: Ally	Read Replies (1) \| Respond to of 147

Protege, thanks for sharing the chart. That's an awesome looking chart... love it..... very easy to understand the 123 principle from the way you've drawn it. Yes, it would be too early to conclude that a reversal has taken place. We still have to wait and see if COMP can gain strength and cross up some key levels. How did you measure 2550 as the first key target? I'm looking for it to cross the "neckline" of the reverse H&S.. .somewhere in the neighbourhood of 2600. Is this how you measured 2550? Also, which would you regard as more telling... the COMP or the NDX 100 index?