ajtj99's Market Pulse

[LG]

y2kate: 116.42 was POT's 10/14/2008 pivot high, a high that filled some of the 10/1-2/08 gap down. Pull up a daily chart and look left or click on my daily chart below.

Predicting the when is less important when trading equities than getting the turn right at the time of the turn. Using support/resistance targets coupled with OB/OS indicators, part of my MTF analysis I first began sharing publicly on Silicon Investor in 1998, suggests the target, but timing the date would be for the most part intuitive (based on experience)...IMO

Note: The following graphic is a dual 19 inch screen capture and is very wide.

http://img190.imageshack.us/img190/8499/20090521tspotdailyeod.gif