|
PureBytes Links
Trading Reference Links
|
Traders,
This week we will look at a daily of the DJIA.
I have spent a lot of time going back on this and
the other indices and looking at how many
projections are needed to do the best job at
figuring out what really is going to happen.
My conclusion -- 2 projections are best -- if
prices go past one then you can almost be sure
they will reach (and most of the time exceed)
the second.
The attached points to yesterday (Friday) as a
probable TP and if so then we will expect to
see prices near 8050.
However, if TP does not occur until Monday
then recovery will probably stop around 7900.
Either way it looks like an up next few days
with the possible exception of Monday.
Clyde
--
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Clyde Lee Chairman/CEO (Home of SwingMacine)
SYTECH Corporation email: <clydelee@xxxxxxx>
7910 Westglen, Suite 105 Work: (713) 783-9540
Houston, TX 77063 Fax: (713) 783-1092
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Attachment Converted: "c:\eudora\attach\djda0123.gif"
|