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To: Shack who wrote (111240)1/6/2005 8:13:40 AM
From: ajtj99  Read Replies (1) | Respond to of 209892
 
Isn't it a bit of a stretch to say a "C" is 2.382 times the "A", as is the case of your proposed RUT example? That's what it will be with the crow target of 600.

A good example of this pattern on the RUT is the late April 2004 decline on the daily:

stockcharts.com[e,a]daclyiay[dd][pc9!c13!c20!d20,2!c50!c100!c200!c150!b200!c125!c175!f][vc60][ila4,9,5!lh5,5!li10,10!lp14,3,3!ll4!lo14!lb14!le5,10,1!lh89,34!lh45,17!li180,68!lp3,2,2!lb5][J36019746,Y]&pref=G