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To: AllansAlias who wrote (16760)10/17/2001 7:50:48 AM
From: Paul Shread  Respond to of 209892
 
Allan,

If I'm not mistaken, almost every rally of this magnitude over the last hundred years or so has retraced at least half of it. Is that your impression from your longer-term charts?

COMPX is going to gap out of the bigger wedge and above the 50 dma this morning. Must've been that EMC earnings miss. <g>

cache.wsrn.com

Those ascending triangles give the Dow at least 200 points, I believe, and to about 1130 on the SPX.

Best,

Paul