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ajtj99

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ajtj99

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Re: ajtj99 post# 78292

Tuesday, 05/16/2006 6:26:19 PM

Tuesday, May 16, 2006 6:26:19 PM

Post# of 148479
Nikkei monthly appears headed to 14000 by this fall. Back-test of the monthly breakout as well as tag of main rising support out of the 2003 and 2005 lows:

http://stockcharts.com/h-sc/ui?c=$nikk,uu[e,a]maclyiay[d19900106,20061106][pc9!c13!c20!d20,2!c50!c20...

That would be a 20% correction on that index. It's already corrected 8%, similar to what we've seen so far on the RUT and NDX off the 2006 highs.

http://www.investorshub.com/boards/board.asp?board_id=1613
AJTJ's Market Pulse
Do your own DD. Void where prohibited. Observed side effects include darkening of the stool, spontaneous amputation, and death. Rosebud.

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