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JimQuinceH

04/17/08 10:18 AM

#33355 RE: techcharter #33344

TECHCHARTER, I don't know how low the major averages will go in May but historically the Price Low follows the Momentum Low (3/17) and goes lower than where the major averages were at the time of the Momentum Low. 1256.98 was the low on the S & P 500, so I'd look for a low somewhere lower than that number, in May. Whether we get that lower low, We Will Know In The Fullness Of Time.

Jim