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Post# of 704041
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ajtj99

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ajtj99

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Re: plexxus post# 297622

Saturday, 09/18/2004 12:27:20 PM

Saturday, September 18, 2004 12:27:20 PM

Post# of 704041
plexx, I posted something similar on the COMP target last night. I agree there are a couple of things that are currently targeting the 1940 area.

Actually, if you look on that same chart there's an inverse H&S pattern formed by the 1865 and 1875 highs and the 1919 lows. It's neckline was broken at around 1888 and it's been tested twice in the bull flag you show:

http://stockcharts.com/def/servlet/SC.web?c=$compq,uu[h,a]ehcayiay[d20][pb50!b200!f][vc60][J31272...

Using an orthodox measurement, that initial H&S pattern measures to around 1939 COMP, which lines up with the bull flag target.

Cool, huh?

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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