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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Robert Scott who wrote (27570)1/13/2002 10:33:56 PM
From: ajtj99  Read Replies (1) | Respond to of 52237
 
Robert, if you are saying we can advance without a re-test of the Sept. lows, I am in disagreement with you.

The fact that we did not re-test them in November or December means it will be an even more brutal drop. It would have been much easier to re-test them from 1800 than 2100. I am expecting two or three events this year in the COMP: A H&S drop to 1750 and / or a break of the rising wedge to 1646, and a re-test of the Sept. lows at around 1500 if successful.



To: Robert Scott who wrote (27570)1/13/2002 10:54:31 PM
From: Joseph Silent  Read Replies (1) | Respond to of 52237
 
Nope - won't happen - never has in a situation like this

Robert .... "never" means you are ascribing probability zero to an event for which we don't have a well-defined sample space, but only a handful of data points. Even if you do turn out to be right, the conclusion can't be.

Isn't it a bit like saying we've never had an earthquake on a Monday so we won't have one next Monday?

J :)



To: Robert Scott who wrote (27570)1/14/2002 12:27:47 AM
From: Vitas  Read Replies (1) | Respond to of 52237
 
>>never has in a situation like this<<

what is the situation?