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FWIW, the current price action for the SPX has created an interesting
combination of a head & shoulders pattern involved in a neck line
challenge by a rising flag pattern. Chart at my site.
Ned Markson
cnedgo@xxxxxxxxx
http://www.erols.com/cnedgo
Proffittak@xxxxxxx wrote:
>
> In a message dated 98-09-21 18:08:16 EDT, you write:
>
> << projection for hi 1080-1090sp dec in 5-10 bussness days
> >
>
> May we know what approach you use to make this kind of projection, please?
>
> Thank you very much. >>
> good morning to all
> As I stated befor this is proprierty
> the only thing i can say is that vol is ahead of price
> vol used is not on sp500 but on the 500 stocks in the sp500
> i have also stand to correct my monday statment that the low was made for
> the week. i was wrong
> we will re visit the low 1-3 days sp500 dec @ 1000-1010
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