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Zeev Hed

04/17/03 6:43 PM

#99075 RE: ajtj99 #99074

We did triple bottom without breach, it is only fair to make a triple top without breach (g). By the way failure to go through a triple top should make the following decline go through the triple bottom, right?

Zeev
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was Steve

04/17/03 8:29 PM

#99089 RE: ajtj99 #99074

aj,
do we do quintuple or sixtuple tops? (ggg)
steve




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plexxus

04/17/03 8:54 PM

#99097 RE: ajtj99 #99074

>>>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.