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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: heehee1 who wrote (68659)10/23/2002 5:58:35 PM
From: Louis V. Lambrecht  Read Replies (1) | Respond to of 100058
 
Why do I always have to explain what I am saying?

Dow 9100 = horiz Old S/R from 1998, low of Mar 2001, high of Aug 2002

SP 1000 = (more precisely 980-995) nice confluence Jun-July 2002, ol horiz S/R 1998, line of lower highs starting Oct 2000 (touched May 2001, June 2002, rudely violated Mar to May 2002) could extend to 1071 horiz line from Mar 2001

NDX 1250 = Adam & Eve in Y2K, depends on how you draw it was measured 1100-1300. Island reversal Sep-Oct 2001 was 1300. Small horiz S/R in May 2002 was 1146. Draw the dart in between and hit 1250.

Naz 1600 = NDX /0.8 cheated and rounded.

Should be FAST, LOL. Yes. By elections.

But this was only a game.