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


To: ajtj99 who wrote (29852)2/12/2002 10:33:25 PM
From: Paul Shread  Respond to of 52237
 
I believe the SPX retraced almost exactly 78% of its initial rally after that top, and the Dow made a slightly lower low.

On the other hand, broadening tops were also extremely common at the top in 1929.

I suspect we'll see a lower low at some point this year.