PureBytes Links
Trading Reference Links
|
Yes, but I have trouble remembering to continue to watch such many things. So
please don't hesitate to remind us of your continuing observations.
Dan Harels wrote:
> I believe the DOW Industrials broke down out of a symetrical triangle
> yesterday. It appears to be rallying back to the lower trend line as is
> characteristic. Measuring from the peak at about 11,400 to the trough at
> about 10,300 gives a move of about 1100 points. Subtracting this from 10400
> where the price broke the lower trendline gives a target of about 9300 al la
> Edwards and McGee. I think this is a good example of a symetrical triangle
> and it might be instructional to watch the way the subsequent price move
> unfolds.
>
> Dan
> ________________________________________________________________________
> Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com
|