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To: HairBall who wrote (999)7/31/2001 3:46:42 PM
From: theniteowl  Read Replies (1) | Respond to of 1328
 
Uploaded these charts earlier

oddworldz.com

Good trading.



To: HairBall who wrote (999)7/31/2001 4:00:52 PM
From: Bull RidaH  Read Replies (2) | Respond to of 1328
 
LG: The key pattern I'm focusing on now is to look at a 60 minute chart on the spx that covers the last 3 weeks. What you see is a double top with a Deep V into 7/24's lows. The reversal today along with all the other factors i mentioned previously leads me to believe we take out that 7/24 low... And double tops with deep V's are easy to project a target from. Simply begin from the highest point of the double top (the 7/19 high at 1225.04) and measure down to the 7/24 low (1165.54). That yields 59.50 points. Subtract that amount from the low, and you have the target. I'll go a little further out on the limb and say that's where we're headed, and should get a sharp reaction from that area.

Best,

David