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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: Walkingshadow who wrote (6746)	3/19/2005 7:28:53 PM
From: Vendit™	Read Replies (2) \| Respond to of 8752

Re: think this illustrates pretty clearly the repercussions from a break in long-term or medium-term support levels. Terry, My 1/5/05 chart with "Rabbit Analysis" and hindsight from where we stand today proves that E/W does project forward support levels when a market begins to fall. Note that there is one more Rabbit line that has yet to be hit via my January chart. That target is about 34.00 and would be about 100% retracement from the high. Ref chart from 1/5/05: themarketwind.com