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Re: ajtj99 post# 99074

Thursday, 04/17/2003 8:54:02 PM

Thursday, April 17, 2003 8:54:02 PM

Post# of 704041
>>>they could distribute this up another 80 COMP and 60-NDX points before they reverse.>>>

I guess you've been getting out your yardstick measuring these triangles <g>...ive got a pattern measurement of 90 points upon breakout ironically taking us up and out to that 1521 area that we tagged back in early December. Possible scenario of a double top at that level. I'm using 1430 as the breakout point on the Comp. SP also putting in a very nice ascending triangle here with b/o coming in at 905. If these levels get taken out on a closing basis I think we'll see an even stronger short meltup.

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