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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: Jeff who wrote (23676)1/11/2003 11:16:48 AM
From: profit_guy  Read Replies (2) | Respond to of 30712
 
jeff, using the SPX as the proxy, it appears that 940-960 will offer formidable resistance, and thus could signal a local top for all indices...and in conjunction with the big picture H&S it would appear we shouldn't go much further? (since i don't believe we are in a new bull mkt, i would think that the 40 week moving avg will continue to be strong resistance)...thoughts?


stockcharts.com[w,a]daclyyay[dd][pc200!b200][vc60][iUb14!La12,26,9]&pref=G

stockcharts.com[r,a]waclyyay[d19950111,20030111][pc40][vc60][iUb14!La12,26,9]&pref=G



To: Jeff who wrote (23676)1/12/2003 6:03:36 PM
From: Mike M  Read Replies (1) | Respond to of 30712
 
<<when this thread started on may 11th.....the map was drawn for a may 1748 top.....a july 1194 bottom and ramp to 1400....and an october bottom of 1000.....

actual was a may 1759 top....a july 1192 bottom and ramp to 1427.......and a 1108 october bottom......>>

Well OK, I guess, but you missed that October bottom by a whole 10%...<vbg>


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